The Procurement Code of Ethics

The Procurement Code of Ethics is a set of principles that guides professionals involved in acquiring goods and services. It emphasizes fairness, honesty, transparency, and accountability to ensure that procurement decisions are made in the best interest of the organization and public trust. This code encourages vendors to compete fairly, avoid conflicts of interest, and maintain integrity throughout the process. By following these ethical standards, procurement professionals help prevent corruption, promote value for money, and uphold the reputation of their organizations. Ultimately, it ensures that procurement practices are conducted responsibly, fairly, and ethically.