We continued to mature our Procurement Framework during the reporting period.
Our framework has been established to ensure that the procurement of all goods and services is conducted in an honest, competitive, fair and transparent manner to deliver the best value-for-money outcome while protecting our reputation and ensuring compliance with all relevant legislation.
This year we refined the essential components of the framework to enhance business value through active staff engagement. The contracts register enables staff who are contract owners to actively manage contracts and to review service provider performance against contracted deliverables. We maintain the register of contracts of over $100,000 in value on the Coal LSL website, as per compliance requirements.