Policy: Procurement and Subcontracting

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Revision as of 07:19, 26 September 2012 by Veronika.sudi (talk | contribs)
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Future Worlds Center may at times decide to subcontract tasks to third parties. Following a Board Resolution in 2007, the Organization has the following rules to subcontracting:

  • A Project Coordinator may decide to subcontract a task related to a project without any further permission, provided this has been part of a contract already signed with a funding agency.
  • A task can be subcontracted to a third-party without the need for tenders if the total amount €10,000 unless financial regulations of the relevant project instruct otherwise.
  • In all other cases, the Project Coordinator is expected to request three tenders and also receive clearance from the Financial Officer and the Executive Director.