Value for money

The University’s procurement strategy (see the documents section below) seeks to get the best possible value for money from the products and services we buy.

Value for money includes many factors such as financial cost, fitness for purpose, value engineering, security of supply, risk management, opportunity costs, demand management and innovation.

Other considerations such as equality, sustainability, and programme and policy delivery are equally important to support our outcomes agreement with the Scottish Funding Council and Scottish Government, and to reflect our ethical trading standards.

Our procurement strategy is a key enabler of the University's 2019 – 2025 Strategic Plan.