PURPOSE
To define the Code of Ethics under which the
Purchasing Department at Rensselaer Polytechnic Institute operates. This code
is similar to that used by the National Association of Educational Buyers
(NAEB), an organization composed of college and university purchasing
professionals.
CODE OF ETHICS
- Give first consideration to the objectives and
policies of the Institute.
- Strive to obtain the maximum value for each
dollar of expenditure.
- Decline all personal gifts or gratuities, other
than those that do not exceed a nominal amount.
- Grant all competitive suppliers equal
consideration consistent with federal and state statutes as well as Rensselaer
Policy .
- Conduct business with potential and current
suppliers in an atmosphere of good faith, devoid of intentional
misrepresentation.
- Demand honesty in sales representation, whether
offered through the medium of a verbal or written statement, an
advertisement, or a sample of the product.
- Receive consent of originator of proprietary
ideas and designs before using them for competitive purchasing purposes.
- Make every reasonable effort to negotiate an
equitable and mutually agreeable settlement of any controversy with a
supplier.
- Accord a prompt and courteous reception insofar
as conditions permit to all who call on legitimate business missions.
- Cooperate with trade, industrial and professional
associations, and with governmental and private agencies for the purposes
of promoting and developing sound business methods.
- Foster fair, ethical and legal trade practices.
- Counsel and cooperate with NAEB members and
promote a spirit of unity and a keen interest in professional growth.
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Revised 3/02, 1/05