The Catholic University of America

Buyers/Vendor Code of Ethics

  • Give first consideration to the objectives and policies of the institution
  • Strive to obtain the maximum value for each dollar expenditure
  • Decline personal gifts and gratuities (Finance Policy on Gifts from Contractors/Vendors)
  • Grant all competitive suppliers equal consideration insofar as state or federal statutes 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 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 problems with a supplier and/or be willing to submit to arbitration or other third party review, insofar as the established policies of the institution permit
  • Be prompt and courteous to all who call on legitimate business insofar as conditions permit 
  • 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
  • Counsel and cooperate with NAEB members