The Midlife
Foundation
Policy

Procurement and value for money

How we buy goods and services.

Draft for board adoption. This policy will be reviewed and adopted by the board at its first meeting, then reviewed every year. Questions? Use our contact form.

Principles

We buy fairly, transparently and for value for money, considering quality, price and fit, not price alone.

Quotes

ValueRequirement
Up to A$5,000One quote, recorded
A$5,000 to A$20,000Two written quotes
Above A$20,000Three written quotes and board approval

Related parties

Any purchase from a related party, including School of Sexual Wellness Pty Ltd, needs quotes showing it is at or below market rate, is decided by independent directors only, and is published each year.

Contracts

Every supplier and contractor works under a written agreement that covers privacy, conflicts and our code of conduct.

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