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A third party event means that the event, should it include alcohol, would be hosted at a third party, not a sorority or fraternity house. So why would a sorority open its doors to host an event of this nature? It wouldn't go with the policies you speak of.
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Actually, a third party vended event means that a third party (not affiliated with the GLO) is in charge of making sure the alcohol is served in accordance with local and state laws.
The ONLY reason that third-party vended events are always held at a location outside the chapter house is that ALL NPC chapter houses are dry without exception.
NPC
could choose to amend that dry chapter house policy when alcohol is controlled by the presence of a third party vendor and (possibly) a law enforcement presence (checking IDs).