The purpose of the Sustainable Procurement Policy is to define:
Life-cycle Accounting: the process of calculating the true cost of a product over its life-span, including but not limited to: capital costs, delivery, maintenance and disposal fees.
Sustainable Procurement: the responsible acquisition of goods and services that conserve natural resources, are ethically sourced and produced. Purchasing decisions are guided by the evaluation of economic, environmental and social criteria throughout the product’s entire life cycle.
RELATED DOCUMENTS AND OTHER RESOURCES
Policy on Procurement of Materials and Supplies
Procurement Services’ Sustainable Procurement Guidelines
Sustainability Plan – Our path to sustainability
BPS Procurement Directive
|1. Capital Cost|
|2. Installation & Calibration|
|5. Preventative maintenance fees beyond warranty|
|6. Replacement part fees beyond warranty|
|7. Disposal Fee|
|8. Estimated cost of all supplies needed to use the product for 1 year (i.e. toner cartridge)|
|9. Estimate life span of product (in years)|