Procurement of GoodsServices SPECIFIC
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The principles of procurement of goods and services used by the Company are as follows:
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a. Efficient, means that the procurement of goods and services should be organised to get optimal and best results in a short time by
consuming minimum fundings and capabilities in a reasonable manner and is not based solely on the lowest price;
b. Effective, means that procurement of goods and services must comply with the specified requirements and deliver the maximum
benefits in accordance with the targets set; c. Competitive, means that procurement of goods and services should
be open for providers that meet the requirements and is done through a healthy competition among the Providers of Goods and
Services that are equivalent and meet the certain requirementcriteria based on clear and transparent provisions and procedures;
d. Transparent, means all provisions and information regarding the procurement of goods and services, including the administrative
technical requirement of the procurement, the evaluation procedure, the evaluation results, determination of prospective providers of
goods and services, is open for any interested participants;
e. Fair and reasonable, means giving equal treatment for all potential qualified providers of goods and services;
f. Accountable, means must reach the target and can be accounted for
avoiding any potential misuse and irregularities.
The Company policy in procurement of goodsservices a. The system of procurement of goods and services that is developed
by the Company should; 1 Avoid any potential conflict of interest and affiliated transaction
by all Insan SUCOFINDO in the system of procurement of goods and services.
2 Perform the process of procurement of goods and services through the appropriate and transparent mechanisms.
b. Establish policies which support the process of procurement of goods and services that can be accounted for specifications in
accordance with the needs, on time, competitive prices, administration in accordance with the prevailing requirement.
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Regulation of the State Minister of SOE No. PER-15MBU2012 Article 2
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c. Manage partner appropriately in order to acquire the counterparty that is professional, competitive and able to meet the Company’s
needs on goods and services.
d. Evaluate the performance of each of goodsservices providers on a regular basis and the evaluation result is used to update the data of
goodsservices providers as well as be used as inputs for the next procurement of goodsservices process.
e. Prioritize the use of domestic products, national design and engineering, as well as opportunity expansion for small businesses,
provided that the quality, price, and purpose can be accounted for in accordance with the prevailing regulations.
f. Provide preference of the use of domestic production with due regard
to the prevailing legislation.
g. Prioritize the synergy between State Owned Enterprises andor its Subsidiary provided that all the goodsservices are the production of
State Owned Enterprises andor its Subsidiary concerned with quality, price, and purpose that can be accounted for and performed
transparently.