Cost Control and Procurement
The Organisation is responsible for ensuring:
- Strategies are adopted to avoid unnecessary expenditure and consumption of goods and services;
- Goods and services selected to have a lower environmental, social and ethical impact compared to competing goods and services;
- All procurement practices comply with relevant legislation;
- Purchasing decisions support and are consistent with the company’s core values, policies and procedures;
- Purchasing is to be undertaken on a competitive basis with all potential suppliers being treated impartially, fairly, honestly and consistently;
- Actual or perceived conflicts of interest are to be identified, disclosed and appropriately managed;
- Accountability for all procurement decisions is taken, and ethical conduct is maintained.
