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Home > Business Partnerships > Procurement Principles and Counterparty List
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| Procurement Principles and Counterparty List |
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We believe that partnering enables us to work together with our contractors, service providers and suppliers to achieve common objectives and provide quality housing and better services to our customers. It allows a win-win situation for all parties.
Embracing the partnering spirit, we are committed to securing competent, reliable and long-term business partners through equitable procurement operations all in accordance with our corporate vision and mission. We will work closely with them to deliver our business with a view to achieving the greatest value for money and highest level of efficiency and effectiveness. In managing the relationships with our business partners, we adopt the following principles: |
| | | |  | Safeguard the open and fair competition in the market place; | | | Partner in a fair, reasonable and ethical manner; | | | Provide effective administration which is accountable and transparent; | | | Obtain value for money; | | | Incorporate risk management on a holistic basis; | | | Maintain continuous improvement.
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Environmentally Responsible Procurement
We are committed to joining hands with our contractors, service providers and suppliers in minimizing the use of resources and achieving operational cost-effectiveness. Environmental consideration forms an integral part of the specification, tender, management, review and feedback in the procurement cycle of our business package. Please click here to view the Environmental Report for the details.
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Safety and Health
We care for the safety and health of all those involved in our procurement process. We uphold a set of safety and health performance goals throughout our procurement process by laying down contract requirements, introducing incentive schemes and imposing sanctions whenever necessary. We also work closely with the industry to provide safety training and facilitate related activities in research, promotion and publicity. Please click to view the Housing Authority's Site Safety Report.
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Ethical Integrity
We are committed to professionalism and will uphold and promote the highest standard of ethical integrity. We will discharge our responsibilities objectively, impartially, and with honesty and fairness. We also uphold the same principles in our relationships with the contractors, service providers and suppliers with whom we do business.
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Last revision date: 20 June 2005
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