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CEMEX’s success depends on supplier relationships that are built on trust and mutual benefit. We will always manage our supplier relationships with honesty, respect, and integrity, offering equal opportunities for all concerned parties.
4.1 Equality and fairness in supplier relations
We will provide suppliers with equal opportunities to bid on and win contracts. We will always conduct our procurement processes consistently, respectfully, and confidentially. In all cases, we will base the evaluation of bids for the selection of suppliers on the company’s established criteria.
4.2 Doing business with our suppliers
We encourage our suppliers to adhere to the standards of the Code and, therefore, strongly advise our suppliers not to perform or engage in any act prohibited by law or by the Code.
4.3 Honoring contracts and proprietorship, obeying the law, and complying with regulations
We honor our agreements and commitments, including copyrights, licenses, and other proprietary claims. Consequently, our employees will do business only with contractors or suppliers who are qualified to use, transfer, or market products and/or services subject to royalties or other obligations. Therefore, contractors and suppliers are required to prove the authenticity and legitimacy of their products and services.
4.4 Gifts, services, and other courtesies
Gifts, services, and other courtesies for the benefit of current or potential CEMEX suppliers are acceptable only if they are given for legitimate business reasons. In all cases, such courtesies must be lawful and require the written consent of the provider’s immediate supervisor. Any associated expenses must be specifically recorded in exact accordance with established company procedures.
Employees are not allowed to seek or structure a negotiation on the basis of any gift, service, or courtesy from a supplier.
CEMEX employees are not allowed to receive gifts, services, or other courtesies from suppliers, except for legitimate promotional materials, services, or other courtesies in line with standard business practices. If accepted, such courtesy requires the written consent of the recipient’s immediate supervisor and, most importantly, must not compromise or appear to compromise any negotiations or create an expectation of personal obligation.
CEMEX employees may not request, negotiate, or accept discounts or courtesies from suppliers for their own or others’ benefit unless such action is a generally accepted business practice between the company and its suppliers and the recipient secures the written approval for such courtesy from the Senior Vice President/Head (Director) of his or her Area. Employees will not request or accept donations for charitable or other altruistic purposes from current or potential suppliers unless CEMEX, in collaboration with other companies, decides to support campaigns oriented to specific needs.
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