Research & Development Corporation of Newfoundland and Labrador
RDC. A Catalyst for Growth.

Procurement Principles

The Research & Development Corporation’s (RDC) procurement practices are guided by the following principles:

  1. RDC is guided to act in as commercial a manner as possible and to employ industry best practices.
  2. RDC makes all reasonable efforts to identify suppliers in a transparent and competitive manner.
  3. RDC ensures that effective procurement practices, systems, processes, and audits are maintained.
  4. RDC institutes procurement practices that are consistent with national and international obligations, where applicable.
  5. RDC’s procurement policies and practices are founded upon fairness, openness, competition, value for money, efficiency, transparency, accountability, and environmental responsibility.