University of Connecticut
OP-T2-25: Local Businesses

The ethics policy on vendors requires all vendors to be considered equally, regardless of location. 1.7 Ethics and Conflict of Interest The University of Connecticut is a public trust. Therefore it is our policy to maintain high standards of honesty, integrity, impartiality, courtesy and conduct. Such policy is implemented by prescribing essential standards of ethical conduct without creating unnecessary obstacles. To maintain these standards, the Purchasing Department subscribes to the following principles in the procurement of goods and services. It is essential that anyone conducting business with a vendor also observe the ethical standards described herein. • To give first consideration to the objectives and policies of the University of Connecticut. • To strive to obtain the maximum ultimate value for each dollar of expenditure. • To recognize that value represents the combination of quality, service and price, assuring the greatest ultimate economy to the user. • To demand honesty in sales representation, whether offered through the medium of a verbal or written statement, an advertisement or a sample of the product. • To grant all competitive bidders equal consideration; to regard each transaction on its own merits; to foster and promote fair, ethical and legal trade practices. • To discharge our duties impartially to assure fair competitive access to procurement from the University of Connecticut by responsible contractors. • To respect obligations and neither expressly nor implicitly to promise a performance that cannot reasonably be fulfilled. • To decline all personal gifts or gratuities. • To make every reasonable effort to negotiate an equitable and mutually agreeable settlement of any controversy with a supplier; and/or be willing to submit any major controversies to a third party review, insofar as the established policies of the University of Connecticut permit.