Pemex, OECD Promote Best Procurement Practices

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(Pemex, 20.Jul.2015) – Pemex, through its Corporate Office of Procurement and Supply, signed an agreement with the Organization for Economic Cooperation and Development (OECD) that will enable Pemex to adopt the best international practices in procurement, and promote the efficient and transparent management in its processes.

This agreement comprises a comparative study on the efforts undertaken by Pemex in this area, as well as its procurement and supply business model.

The study will be conducted in three stages, focusing on: i) the analysis of the regulatory framework and business rules approved; ii) the analysis of practices to promote transparency and ethics in procurement; and iii) revising Pemex’s relationships with suppliers and contractors.

The agreement also considers training Pemex personnel by the OECD on transparency and ethics matters, designing procurement procedures and collusion-risk mitigation.

Pemex’s Corporate Director of Procurement and Supply, Arturo Henriquez, emphasized that this agreement would contribute to the creation of a work culture focused on creating value, in compliance with the transformation process adopted by Pemex.

In addition, Jacobo Pastor García Villarreal, Senior Specialist in Integrity and Public Procurement Policies of the OECD said that public procurement is a crucial pillar of corporate governance. Given the volume of expense they represent, he said, they should have an important role in public sector efficiency and generate public confidence.     Well-designed public procurement systems also contribute to achieving other public policy objectives, such as environmental protection, innovation, job creation and development of Small and Medium Sized Enterprises (SMEs), he said.

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