Policy for contracting activities
3 Policy for contracting activities
An organisation’s policy for the organisation’s contracting activities must—
require the organisation’s major costs incurred through contracting activities to be reviewed periodically; and
state the circumstances in which a contract for the supply of goods or services is considered by the organisation to be a significant contract; and
require the organisation’s contracting activities with an entity (a supplier) to impose an obligation on the supplier to disclose to the organisation any conflict of interest arising—
during a tender process or negotiations for a contract; or
when a contract is entered into; or
while a contract is in force; and
require the organisation to keep a register of conflicts of interest disclosed by suppliers under an obligation mentioned in paragraph (c).
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