Value for money
Value for money is assured by applying the following principles:
- Appointing professional staff with the appropriate level of capability and competence, with clearly-defined roles and responsibilities.
- Professional planning to ensure that activities are conducted at the right time by the appropriate people with predictable outcomes.
- Supporting staff with training and development to meet the needs of the individual and the company.
- Delegation of authority to exercise procurement powers within financial limits to people who possess the relevant experience and expertise.
- Selection of the right suppliers.
- Establishing mutually beneficial relationships both internally and with suppliers.
Monitoring and measurement of supplier performance including the implementation of supplier development plans where appropriate. - Compliance with the law
Compliance with the law
Crossrail's procurement activity is subject to national and international laws, regulations and standards. These include EU procurement legislation, which requires a fair, open and non-discriminatory procurement process. Other applicable legislative requirements include competition law, and relevant safety, equality and environmental provisions.
