Policies and Legislation
The Ontario Broader Public Sector (BPS) Procurement Directive was issued by Management Board of Cabinet, effective April 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”.
As required under this legislation and under the Directive, the University formally adopts this Directive effective April 1, 2011, as amended from time to time, and incorporates it into this policy.
This policy governs the acquisition of goods and services and construction and renovation work with University funds from all sources, including the operating, research, capital and ancillary funds and all other funds held in trust, at its disposal. In addition to applicable procurement legislation and regulation, as recognized by the Directive, the University is also bound by requirements of funding agencies, to the extent that those requirements comply with applicable procurement legislation and regulation. Organizations must formally adopt the Supply Chain Code of Ethics in accordance with their governance processes, and the Approval Authority Schedule must be approved by the board of directors of the Organization or its equivalent.