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This policy applies to University Administrators, Faculty and Staff
Ethics in Purchasing
PUR - 2.00
Purchasers of goods and services for University of Louisville shall not take, receive, or offer to take or receive (directly or indirectly) any rebate, percentage of contract, money (or other things of value) as an inducement (or intended inducement) from any vendor bidding for University purchase contract(s) or otherwise seeking to make a sale to the University.
CODE OF ETHICS
Give first consideration to the objectives and policies of my institution.
Strive to obtain the maximum value for each dollar of expenditure.
Decline personal gifts or gratuities.
Grant all competitive suppliers equal consideration insofar as state or federal statute and institutional policy permit.
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; and/or be willing to submit any major controversies to arbitration or other third party review, insofar as the established policies of my institution permit.
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.
Original Date: Unknown
Vice President and Chief Financial Officer
RESPONSIBLE UNIVERSITY DEPARTMENT/DIVISION
Sally Molsberger – Director, Procurement Services
Service Complex, University of Louisville
Louisville, KY 40292
The University Policy and Procedure Library is updated regularly. In order to ensure a printed copy of this document is current, please access it online at http://louisville.edu/policies.