About ESB
Our history, our people and our principles
Procurement policy
Objectives
At ESB, procurement of supplies, works, services and asset disposals are carried out in a manner which meets our commercial and business needs.
All procurement and disposals are carried out in accordance with the Code of Practice for Governance of State Bodies and EU Directives.
All decisions are commercially focussed and aim to ensure the best value for money is obtained for ESB.
Practices & procedures
Our normal procurement practice is competitive tendering or other forms of open competition.
Procurement procedures are in place to ensure openness to all compliant offers, non-discriminatory award procedures and transparency and fairness in dealing with suppliers.
Where technical considerations allow, we favour the use of functional and performance-based specifications, supported by international/European standards.
Property disposals take place by public auction, public sealed tender or private treaty following advertisement.
Business ethics & payment
The ESB Employee Code of Business Ethics, which requires the highest standards of integrity, legality, and confidentiality, apply to all transactions.
Our policy is to de-brief unsuccessful tenderers on request.
We are committed to complying with the terms of the Prompt Payment of Accounts legislation. It is ESB policy to pay undisputed supplier invoices within the agreed terms of payment. Our standard payment terms are Nett Monthly Account.
Sustainability
We are committed to sustainably minimising waste in all our operations. We consider waste minimisaiton in the procurement of material, equipment and associated packaging.
It is our intention to progressively move to electronic means of transacting business with our suppliers.