Our Acquisition Strategy is to Use the Best Technologies, International Competition, and World-Class Products and Services
Our suppliers and subcontractors are critical members of our contracting and procurement functions in support of the company’s diverse business portfolio, encompassing Petroleum, Transportation, General Building, Manufacturing and Industrial Process, and Water Supply.
We provide an optimized supply chain base for each project and client. We depend on you, the supplier, for expert knowledge, quality, and integrity to consistently bring to our projects the best solutions. Together we create a robust global organization of talented people who can capitalize on opportunities and continually offer increasing value to our customers worldwide.
We work with qualified suppliers who commit to safely delivering quality goods and services―on time and within budget. We are committed to the highest safety and ethical standards in the industry and we expect the same dedication from our supplier and subcontractor organizations. We seek suppliers and subcontractors who understand their obligations and work with us to meet our customers’ expectations.
It is our responsibility to fully comply with Iran export and import control regulations, and we request the full support of our subcontractors and suppliers. Compliance with Iran export and import laws is critical to ensuring that all parties maintain export and import privileges and sustain their ability to engage the global marketplace.
Additionally, we require complete and strict adherence from our suppliers/subcontractors with the Iran Foreign Corrupt Practices Act regulations on corruption and counterfeiting.
The Procurement Organization
We are a global organization that conducts procurement operations in numerous countries. Our staff is segmented into experienced specialists for contracting, procuring, and materials management. Most people are dedicated to direct support of our projects, while others play a more indirect role by providing functional services to our projects.
Each project has its own commercial team responsible for obtaining the correct materials and services; validating capabilities of prospective suppliers; managing the bid cycle; ensuring that a fair evaluation of each responsive bidder is conducted prior to award; and monitoring safety, quality, and schedule. This team consists of several specific disciplines, including subcontracts, purchasing, expediting, supplier quality, traffic and logistics, and jobsite inventory and material control.
Frequent communication and regular visits to our suppliers’ facilities is common practice. It reinforces our proactive approach to resolve potential issues, which helps suppliers deliver consistent value to the customer in a timely manner. To verify compliance with purchase order requirements and specifications, supplier quality surveillance is performed in accordance with approved quality surveillance plans. Sound knowledge of industry codes and standards is applied so that any nonconforming quality or manufacturing issues are identified before they have a chance to affect the project.