For low-value items (under $[Insert Amount]), employees may purchase directly from approved vendors.
The objective of this policy is to ensure that all procurement activities are conducted in a transparent, ethical, and cost-effective manner. Our goal is to obtain the best value for the company while maintaining high standards of quality and compliance. 2. Ethical Standards Download POLITICA COMPRA pdf
All employees involved in the purchasing process must adhere to the following ethical guidelines: For low-value items (under $[Insert Amount]), employees may
No employee shall accept gifts, entertainment, or favors from current or prospective suppliers. 3. Procurement Methods For low-value items (under $[Insert Amount])
For purchases between $[Insert Amount] and $[Insert Amount], at least three competitive quotes are required.
All bidding and procurement processes must be documentable and auditable.
All Purchase Orders (POs) must be approved according to the following limits: Up to $[Insert Amount] Finance Director: Up to $[Insert Amount] CEO/Board: Above $[Insert Amount] 6. Payment Terms