As a public organization entrusted with donor funds and committed to supporting developing economies, UNDP works to improve access to quality assured supplies in a cost effective and reliable way. We do this by abiding the following principles:
- Best value for money;
- Fairness, integrity and transparency;
- Effective international competition; and
- 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.
UNDP has to strictly observe its financial rules and regulations. While this may sometimes lengthen the procurement process, UNDP has introduced more flexible methods for low-value/low-risk purchasing, and approves purchase orders electronically, all of which save time and money for the organization and its vendors.