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The Importance of Ethical Procurement Practices in Public Sectors

The Procurement School

Author: Helen Doucette “Accept the bid from ABC Company” said the VP of Finance to the Director of Procurement. “I According to the Competitive Bidding Law of Canada, we can only accept compliant bids. Many organizations have written policies and guidelines on Ethics, but is this situation an Ethical or Moral issue?

Ethics 98
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Simplifying Public Sector Procurement: Strategies to Increase Sme Participation

The Procurement School

The suggestions apply to all segments of competitive bidding, including the SME segments of Supplier Diversity, Indigenous and Social Procurement. Procurement service providers work closely with public sector procurement consultants to streamline processes, maintain transparency, and uphold ethical standards.

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When should procurement be outsourced?

The Procurement School

Their CFO is required to ensure value for money and compliance with competitive bid laws. Consistently, external auditor findings have shown the lack of professionalism in procurement to be a financial problem often accompanied with ethical dilemmas. Outsourcing is a logical option.