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Diligent Procurement


Effective due diligence is critical to all aspects of procurement and represents a number of activities that should be carried prior to entering a contractual agreement. This can be a timely exercise but enables the parties involved to conclude a contract with full understanding and awareness of the deliverables, timescales, costs, risks and other contractual commitments.

CIPS Procurement Topics

Related concepts

Due Diligence

Due diligence can help minimise common purchasing risks and can help make better purchasing decisions (Goldman and Schmalz, 2005).

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Diligent Procurement

What Due Diligence in the Bribery Act era means for Procurement Professionals.

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