Procurement is a strategic function, which is essential for the efficient and effective acquiring of goods, civil works and services in the fulfilment of UNDP's vision and mandate. UNDP's mission of helping countries achieve the simultaneous eradication of poverty and significant reduction of inequalities and exclusion, is facilitated by robust partnerships with governments which allows UNDP to aid in capacity building for governmental structures - through support to National Implementation (NIM).
As a public organisation entrusted with donor funds and committed to supporting developing economies, UNDP abides by the following principles:
- Best Value for Money, which consists of the selection of the offer that best meets the end-users' needs and that presents the best return on investment. Best Value for Money is the result of several factors, including quality, experience, the vendor's reputation, life-cycle costs and benefits and parameters that measure how well the good or service allows the organization to meet its social, environmental or other strategic objectives.
- Fairness, Integrity and Transparency, which ensures that competitive processes are fair, open, and rules based. All potential vendors should be treated equally and the process should feature clear evalution criteria, unambiguous solicitation instructions, realistic requirements, as well as rules and procedures that are easy ro understand.
- Effective International Competition, understood as giving all potential vendors timely and adequate information on UNDP requirements, as well as equal opportunity to participate in procurement actions, and restricting them only when it is absolutely necessary to achieve UNDP development goals.
- In the best interest of UNDP, which means that any business transactions must conform to the mandates and principles of UNDP and the United Nations.