Ethics & Code of Conduct

Code of Conduct

The Cayman Islands Government spends over $100 million KYD a year on the procurement of goods and services. The government has a responsibility to maintain the confidence of the supplier community and the public in the procurement system, by conducting procurement in an accountable, ethical and transparent manner.

The Procurement Law 2016 requires the Director, Central Procurement Office to establish a Procurement Code of Conduct to define expectations with respect to:

  • conflict of interest in public procurement;
  • the conduct of persons employed to carry out public procurement or persons who are otherwise involved in procurement;
  • the conduct of suppliers seeking to conduct business with an entity;
  • record-keeping and disclosure requirements; and
  • such other matters that the Director or the Chief Officer in the Ministry of Finance may determine are necessary.

The Procurement Code of Conduct has been created and is attached here.

Feedback on the Code of Conduct is welcomed and can be submitted by clicking here.

Ethics

Ethical behaviour is everyone’s responsibility and it is incumbent on all those involved in public procurement to adhere to the highest standards of probity.

In order to demonstrate leadership in ethical behaviour, the Central Procurement Office (CPO) is pleased to announce that in May 2017 it successfully passed the requirements of the Chartered Institute of Procurement Supply (CIPS) in Corporate Ethical Procurement & Supply. To achieve this recognition we took the following steps:

  • ensured CPO staff were trained in ethical sourcing and supplier management
  • adopted ethical values in how the CPO sources and manages suppliers
  • signed a Statement of Commitment to ethical sourcing and the management of suppliers

In recognition of attaining compliance with CIPS requirements the CPO is accorded the right to use the CIPS Corporate Ethics Mark and is one of approx. 30 organizations worldwide listed on the CIPS Ethical Register.

The CPO calls on all public entities, as well as suppliers to the public entities, to become acquainted with the CIPS Corporate Ethical Procurement & Supply program and to take the ethical initiative.

 

Resources to eradicate fraud, bribery and corruption in procurement and supply