Bruce Power and its suppliers operate under a set of guiding principles, which include:
- Engage in procurements when scope is complete and stable to minimize changes.
- Competitively source work to ensure that best value is realized.
- Give preference to the selection of Suppliers who are Indigenous owned, impact the local Indigenous communities or generate local Indigenous jobs.
- Give preference to the selection of Suppliers who can demonstrate economic benefit in Ontario, and where possible, in close geographic proximity to the Site (Bruce, Grey and Huron counties).
- Select Suppliers based on key determinants of past performance – safety, quality, cost, schedule performance (on time and on budget), and capacity.
- Understand and evaluate sub-suppliers during selection process.
- Utilize Enterprise Demand Spend Forecasting to develop and prioritize commercial opportunities resulting in large and longer-term opportunities via strategic Supplier relationships.
- Favour commercial models that provide cost certainty, that minimize, share and transfer risk and that provide transparency.
- Identify and mitigate project and commercial risks as part of the procurement.
- Collaborate with Ontario Power Generation where common Suppliers or work programs exist.
- Employ objective performance measures tied to fees at risk and incentives in all Master Services and Purchase Agreements (MSA).
