Procurement Policy Introduction Sample Clauses

Procurement Policy Introduction. Introduction The Institute for Learning (IfL) relies on contracted provision for a significant proportion of its budget in respect of goods and services, and this policy provides guidance on procuring those goods and services on the IfL’s behalf. It also sets out the IfL’s legal obligations, policies, and procedures for tenders and the management of supplier contracts. This policy is mandatory to all IfL members of staff discharging various functions on behalf of the IfL. Failure to adhere to the procedures in this policy is a breach of the IfL’s Financial Regulations and may result in disciplinary action being taken against a member of staff. This policy is applicable to all expenditure, departments, and projects, regardless of funding source. [For externally funded projects additional regulations may also apply.] It is the policy of the IfL to conduct its business and operations transparently, fairly and in accordance with the highest ethical standards. Every effort should be made to preserve the reputation of the IfL with all who do business with it by adopting a professional and correct approach at all times. Contracts for the supply of goods and services entered into or agreed must be done in a non- discriminatory manner, with the utmost good faith and also in an efficient way to obtain value for money for the IfL and to ensure proper use of its Members’ funds. IfL operates a zero tolerance towards bribery by its Directors, staff, contractors, agents or associated persons in accordance with IfL’s Anti-Bribery Guidlines. This Policy will be subject to review by the Head of Finance every two years (or earlier if deemed necessary due to statutory/ regulatory changes). Risk Management This Policy links to the IfL’s Risk Management Policy. At every stage of purchasing and procurement the processes are designed to:  maximize the IfL’s financial and operational performance and minimize risk  support the management of risk at the IfL at both the strategic and operational level Purpose The purpose of this document is to:
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Related to Procurement Policy Introduction

  • Procurement Plan 8. The Borrower shall update the Procurement Plan as needed throughout implementation of the Project, and on each anniversary of the Effective Date, the Borrower shall in consultation with ADB determine whether the Procurement Plan needs to be updated. The Borrower shall implement the Procurement Plan in the manner in which it has been approved by ADB.

  • PROCUREMENT ETHICS Contractor understands that a person who is interested in any way in the sale of any supplies, services, construction, or insurance to the State of Utah is violating the law if the person gives or offers to give any compensation, gratuity, contribution, loan, reward, or any promise thereof to any person acting as a procurement officer on behalf of the State of Utah, or who in any official capacity participates in the procurement of such supplies, services, construction, or insurance, whether it is given for their own use or for the use or benefit of any other person or organization.

  • PROCUREMENT CARD The State has entered into an agreement for purchasing card services. The Purchasing Card enables Authorized Users to make authorized purchases directly from a Contractor without processing Purchase Orders or Purchase Authorizations. Purchasing Cards are issued to selected employees authorized to purchase for the Authorized User and having direct contact with Contractors. Cardholders can make purchases directly from any Contractor that accepts the Purchasing Card. The Contractor shall not process a transaction for payment through the credit card clearinghouse until the purchased Products have been shipped or services performed. Unless the cardholder requests correction or replacement of a defective or faulty Product in accordance with other Contract requirements, the Contractor shall immediately credit a cardholder’s account for Products returned as defective or faulty.

  • Interconnection Facilities Engineering Procurement and Construction Interconnection Facilities, Network Upgrades, and Distribution Upgrades shall be studied, designed, and constructed pursuant to Good Utility Practice. Such studies, design and construction shall be based on the assumed accuracy and completeness of all technical information received by the Participating TO and the CAISO from the Interconnection Customer associated with interconnecting the Large Generating Facility.

  • PROCUREMENT LOBBYING To the extent this agreement is a "procurement contract" as defined by State Finance Law Sections 139-j and 139-k, by signing this agreement the contractor certifies and affirms that all disclosures made in accordance with State Finance Law Sections 139-j and 139-k are complete, true and accurate. In the event such certification is found to be intentionally false or intentionally incomplete, the State may terminate the agreement by providing written notification to the Contractor in accordance with the terms of the agreement.

  • Required Procurement Procedures for Obtaining Goods and Services The Grantee shall provide maximum open competition when procuring goods and services related to the grant-assisted project in accordance with Section 287.057, Florida Statutes.

  • Procurement Regulations The contract shall be governed by the applicable provisions of the Mississippi Public Procurement Review Board Office of Personal Service Contract Review Rules and Regulations, a copy of which is available at 000 Xxxxx Xxxx Xxxxxx, Xxxxx 000X, Xxxxxxx, Xxxxxxxxxxx 00000 for inspection, or downloadable at xxxx://xxx.XXX.xx.xxx.

  • Procurement All goods, works and services required for the Project and to be financed out of the proceeds of the Financing shall be procured in accordance with the provisions of Section III of Schedule 2 to the Financing Agreement.

  • Overpayment Policies and Procedures Within 90 days after the Effective Date, Xxxxx shall develop and implement written policies and procedures regarding the identification, quantification and repayment of Overpayments received from any Federal health care program.

  • Procurement Planning Prior to the issuance of any invitations to bid for contracts, the proposed procurement plan for the Project shall be furnished to the Association for its review and approval, in accordance with the provisions of paragraph 1 of Appendix 1 to the Guidelines. Procurement of all goods and works shall be undertaken in accordance with such procurement plan as shall have been approved by the Association, and with the provisions of said paragraph 1.

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