Principles & Standards
Procurement professionals shall:
- Avoid the intent and appearance of unethical or compromising practice in relationships, actions and communications.
- Demonstrate loyalty to the employer by diligently following the lawful instructions of the employer, using reasonable care and only the authority granted.
- Refrain from any private business or professional activity that would create a conflict between personal interests and interests of the employer.
- Refrain from soliciting or accepting money, loans, credits, or prejudicial discounts, and the acceptance of gifts, entertainment, favours or services from present or potential suppliers that might influence, or appear to influence, procurement decisions.
- Handle confidential or proprietary information belonging to employers or suppliers with due care and proper consideration of ethical and legal ramifications and governmental regulations.
- Promote positive supplier relationships through courtesy and impartiality in all phases of the procurement cycle.
- Refrain from reciprocal agreements that restrain competition.
- Know and obey the letter and spirit of laws governing the procurement functions and remain alert to the legal ramifications of procurement decisions.
- Encourage procurement professionals, through either Government or Company policies, to support small, local, State and/or Australian-owned business.
- Discourage procurement’s involvement in employer-sponsored programs of personal purchases that are not business related.
- Conduct international dealings in accordance with the laws, customs and practices of foreign countries, consistent with Australian law, your organisation’s policies and these ethical Principles and Standards.
- Enhance the proficiency and stature of the procurement profession by acquiring and maintaining technical knowledge and the highest standards of ethical behaviour.