As far as content, this was a great write-up with valid solutions. I would prefer as you go forward that you specific the third-party vendor solution, or be more specific. That solution is transferring authority and responsibility to some extent, so you want to know what you are asking for.
do section 3
•Section 3 / compare the three possible solutions from section 2 using the swot (Strength, Weakness, opportunity, & Threat) analysis model (appx four pages).