Code of Ethics

The Arkansas Tech University Purchasing Department subscribes to the Code of Ethics developed by the National Association of Educational Buyers:

1. Give first consideration to the objectives and policies of my institution

2. Strive to obtain the maximum value for each dollar of expenditure

3. Decline personal gifts or gratuities

4. Grant all competitive suppliers equal consideration insofar as state or federal
   statute and institutional policy allows.

5. Conduct business with potential and current suppliers in an atmosphere of good
   faith, devoid of intentional misrepresentations.

6. Demand honesty in sales representation whether offered through the medium of
   a verbal or written statement, an advertisement or a sample of the product.

7. Receive consent of originator of proprietary ideas and designs before using them for competitive purchasing practices.

8. Make every reasonable effort to negotiate an equitable and mutually agreeable
   settlement of any controversy with a supplier; and/or be willing to submit any
   major controversies to other third party review, insofar as the established policies of my institution permit.

9. Accord a prompt and courteous reception insofar as conditions permit to all who
   call on legitimate business missions.

10. Cooperate with trade, industry and professional associations and with governmental and private agencies for the purposes of promoting and developing sound business methods.

11. Foster fair, ethical and legal trade practices.

12. Counsel and cooperate with NAEB members and promote a spirit of unity and a
    keen interest in professional growth among them.