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Stevens Institute of Technology

Guidelines

Purchasing Conduct and Ethics

Statement

Stevens' Purchasing practices and promotes fair and ethical business practices while acting in the best interest of the University.  This includes upholding a strict code of ethics in our daily business.

The Purchasing Code of Conduct and Ethics applies to all personnel who have authority to purchase goods and services for Stevens and to personnel who are doing the preliminary work on a purchase that will go to Purchasing as a requisition.

Purchasing Code of Ethics

  • Give consideration to the University's mission and policies
  • Obtain maximum value for each dollar spent
  • Decline personal favors, gifts, and gratuities.  Grant all competitive suppliers fair and equal consideration
  • Conduct business with potential and current suppliers in an atmosphere of good faith
  • Demand honesty in sales representation
  • Receive consent from the originator for the use of proprietary ideas and designs
  • Make a reasonable effort to obtain equitable settlement of any controversy with a supplier
  • Accord a prompt and courteous response to all who call on legitimate business
  • Create an environment of fair, ethical, and legal business practices
  • Protect the University's interest by ensuring that suppliers honor all terms of their contracts

 

Responsibilities

  • Departments - make contents of this document available to all business officers and staff who have authority to conduct business on behalf of the University

  • Purchasing Department - promote fair and ethical business practices and provide assistance in support of the policy

 

Associated Material

"National Association of Educational Procurement's (NEAP) Code of Ethics"





Contact the Director of Purchasing with any questions.

Anti-Kickback Guidelines

Statement

Purchasing Conduct and Ethics

Accepting Gifts, Gratuities, Incentives and Rebates

Employee-Vendor Relationships

© Copyright 2012 Stevens Institute of Technology. All rights reserved.

Office of the Provost | School of Engineering & Science | School of Systems & Enterprises | College of Arts & Letters | School of Technology Management
Stevens Institute of Technology | 1 Castle Point on Hudson, Hoboken, NJ 07030 | Phone: 201.216.5263 | Fax: 201.216.8909