Procurement - Governance

Liverpool School of Tropical Medicine (LSTM) is committed to conducting it’s business in a fair, open, honest and transparent manner. This is more important than ever due to the rules brought in by the Bribery Act.

LSTM maintains strict levels of corporate governance. Staff, suppliers, consultants, trustees etc. involved in procurement are bound to commit to the high legal, ethical and moral standards in the way that we conduct business.

There is a form that all new suppliers must sign to explain any Conflicts of Interest that may affect a procurement opportunity. 

All procurement decisions are based on total acquisition cost and best overall value to LSTM.