This document discusses an innovative procurement framework called "Procurement Exchange" that is designed to promote probity, ethics, and accountability in procurement. It does this by separating procurement functionality and responsibilities, providing a timely and authorized response process that complies with financial delegations, offering management reporting and approved evaluation/closeout processes, maintaining accurate records and logs, and having a dedicated module for principal-approved probity advisers and quality assurance managers to assess procurement processes.

1. An innovative, robust and probity centric Framework
The next step in Procurement Management in Australia
Information Brief
Probity, ethics and accountability in Procurement
Copyright Logistics Consulting Pty Ltd All Rights Reserved. Designers of Procurement Exchange.
Probity, Ethics and Accountability in Procurement
“Procurement Exchange” promotes Probity, Ethics and Accountability in Procurement by:
 Separating out Procurement functionality and responsibilities;
 Providing a timely, clean and authorised response process;
 Complying with the Principal’s financial and other delegations for the capital project;
 Providing appropriate management reporting and Principal approved evaluation processes and close outs;
 Providing accurate record keeping and logs;
 Having a dedicated Principal Managed module specific to “Probity and Quality Assurance” which Principal approved Probity Advisers and Quality Assurance Managers can assess during the course of the capital project and after practical completion;
 The use of Principal documents and forms via an approved library and a document control sub system;
 The implementation of processes to protect commercial in confidential information.