REG:Part III - Basic Procurement and Disposal Principles PDF Print E-mail
85. (1) Effective competition shall be evidenced by use of the open bidding, restricted bidding or quotations and proposals procurement methods described in these Regulations.

(2) A procuring and disposing entity shall use open bidding as the preferred method of procurement.

86. (1) Economy and efficiency shall be promoted through the consistent application of the procurement and disposal method, processes and documents in these Regulations and by enabling both a procuring and disposing entity or a bidder to become familiar with their provisions.

(2) All procurement shall be conducted to deliver best value for money, irrespective of the method of procurement used, the procuring and disposing entity or the nature of the works, services or supplies to be procured.

(3) Value for money shall be the optimum combination of whole life costs and the appropriate total quality appropriate to meet the requirements of the procuring and disposing entity.

87. (1) The guiding principles of ethical behaviour shall be impartiality, independence and integrity.

(2) The conduct of staff and any official engaged in procurement and disposal shall not foster the suspicion or create the impression that there is any conflict between their official duties and their private interests.

(3) A procuring and disposing entity shall at all times be fair, honest and even-handed.

(4) A public officer who is involved in procurement or disposal, a bidder or a provider shall observe the relevant codes of ethics-

(a) in the Act and these Regulations;

(b) issued by the Authority in the guidelines; and

(c) issued by a professional body or association, of which the public officer, bidder or provider is a member.
88. (1) Copies of the Act, these Regulations, the guidelines, standard bidding documents and decisions of the Authority shall be made available to the public by the Authority on written request.

 
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