Laurentian University is committed to maintaining high standards for performance based on fair, ethical, legal, environmental, and professional business practices. The University, its employees and agents shall procure goods and services in an open, fair and transparent manner and in a competitive environment, so that all transactions yield the optimal benefit to the University in the circumstances.
The Ontario Broader Public Sector (BPS) Procurement Directive was issued by Management Board of Cabinet, effective July 1, 2011. The purpose of the Directive is “to ensure that publicly funded goods and services, including construction, consulting services, and information technology, are acquired by BPS organizations through a process that is open, fair and transparent, to outline responsibilities of BPS organizations throughout each stage of the procurement process, and to ensure that procurement processes are managed consistently throughout the BPS”.
The University is also bound by requirements of funding agencies, to the extent that those requirements comply with applicable procurement legislation and regulation.
The Policy on Purchasing (the “policy”) will apply to all University funds from all sources, including the operating, research, capital and ancillary funds and all other funds held in trust.
Please find a copy of The Policy on Purchasing on our main Policies and Accountability page.