Procurement Policy

Draft policy: for review and approval by Anik Shipping Lines management and its legal adviser before publication.

Purpose

To buy goods and services for our principals and ourselves at fair prices, from reliable and ethical suppliers.

Scope

All purchasing, including provisions, stores, launches, transport, cranes, warehousing and subcontracted services.

Our commitments

• Select suppliers on price, quality, safety record and reliability.
• Obtain competitive quotes for significant purchases where time allows.
• Pass costs to principals at actual, receipted cost unless otherwise agreed.
• Avoid conflicts of interest in supplier selection, and declare any that arise.
• Review supplier performance and stop using suppliers who fall short.

Responsibilities

• The Manager approves suppliers and significant purchases.
• Staff declare any personal interest in a supplier.

Review

This policy is reviewed at least once a year by management, and whenever operations, regulations or risks change.