(1) The purpose of this Policy is to set out the framework that governs how goods and services including infrastructure are purchased for the University of Canberra (University) and how the resultant contracts are managed to achieve ongoing value for money to the University. (2) This Policy, together with the Finance Governance Policy, Investment Policy, Treasury Policy, and the suite of procedures made under these policies, form part of the University’s Procurement Framework. The Framework has been developed to: (3) This Policy applies to all University staff, members of Council and Council Committees, controlled entities, affiliates and volunteers. (4) All procurement activities must be undertaken in accordance with: (5) The University will: (6) All procurement activities will be undertaken in a manner that seeks value for money taking into consideration factors such as fitness for purpose, total cost of ownership, and risk assessment. (7) The University will implement robust contract management processes that foster positive relationships with suppliers, ensuring ongoing value. (8) Procurement activities and processes will be undertaken in a manner that: (9) Procurement Policy
Section 1 - Purpose
Top of PageSection 2 - Scope
Section 3 - Principles
Effective governance
Value for money
Accountability
Top of PageSection 4 - Responsibilities
Top of Page
Who
Responsibilities
Associate Director, Strategic Procurement
Audit and Risk Management Committee
Oversight of the University’s governance, risk and compliance frameworks including policies, procedures, information systems and systems of internal control surrounding key financial and operational processes.
Section 5 - Definitions
Terms
Definitions
Contract Management
The process of creating, implementing, and reviewing contracts.
Procurement
The end-to end process of acquiring goods and services required to fulfill business requirements. Procurement encompasses contract management and asset disposal.
University Procurement Framework
The structured and standardised set of processes, policies, and guidelines that the University employs when acquiring goods, services, or works. It provides a systematic approach to procurement activities, ensuring transparency, efficiency, and accountability throughout the procurement process.
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