1. The training budget is currently administered centrally. As part of the cost-cutting exercise, the Board of Directors have voted unanimously in favor of the proposal that individual departments will have control over this process. This means that for the next financial year, all managers will have control of, and responsibility for, their department training budget. As a safeguard against possible drops in quality, the following rules must be observed. First, all contracts for training services must go out to competitive bid. A minimum of three bids must be obtained for each individual contract.
These bids must be documented and retained at the respective departments for the duration of the contract. Second, the award of contracts will normally be made solely on price. Procurement will consider written justifications where managers wish to award the contract to a higher quote. Finally, all suppliers must hold quality awards that are appropriate to the relevant industry.
- Obtaining two quotes for a contract will not be acceptable.