Procurement

For more information about purchasing goods and services for LSE using OneFinance, please see:

Purchase Orders
How to Obtain Goods and Services

The Procurement Policy can be found here: 

Please check LSE's existing contracts and read the Introduction to Procurement guide before purchasing anything. In many cases, there will be a contract in place for what you require.

If there is not a contract in place, you must follow LSE's procurement rules (all values below are excluding VAT).

Existing suitable suppliers can be identified by logging into OneFinance and searching for the Creditor Accounts function. Procurement can advise you on finding other suitable suppliers. 

If you are using a supplier not already on OneFinance, please see here for more information about how to do this.  

Or, you can use a Framework approved by LSE. A Framework is an agreement that has been put in place which enables orders to be placed without running a lengthy tender exercise. The suppliers are already on the Framework, so you do not need to find them to invite to competition.

LSE seeks to use London Universities Purchasing Consortium (LUPC) Frameworks where possible.  The Procurement Team can advise you on this and other suitable Frameworks and how to use them.

The documentation requirements vary depending upon the type of competition you are running.

Specification

A Specification is a statement of what you need. For low-value goods purchases, your Specification will be very simple. For higher value services purchases, you will need to provide more detail. Please see the template specifications below.

Terms and conditions of contract

LSE’s preference is to always use our own contract terms, rather than the suppliers, as they provide far greater contractual protection. LSE has a suite of standard contract terms which should suit most requirements and should be sent to suppliers when you ask them to bid. Links are provided below, but if in doubt of which to use, please contact the Procurement Team for advice before issuing to suppliers.

Invitation to Quote (ITQ) and Invitation to Tender (ITT)

These are overarching documents which explain the procurement process to suppliers. LSE has a template ITQ document you can use for requesting quotes. Please see Template Invitation to Quote [Word].

The template ITT must be requested from Procurement.

Pricing Schedule

This is an Excel spreadsheet which suppliers fill in to provide their pricing. The Procurement Team can provide example Pricing Schedules upon request.

See:

Template Goods Specification [Word]

Template specification for services [Word]

Standard terms and conditions (goods) PO Short Version [Word]

Standard terms and conditions (goods) ITT Version  [Word]

Standard terms and conditions (services) PO Short Version [Word]

Standard terms and conditions (services) ITT Version [Word]

Standard terms and conditions (consultancy) PO Version [Word]

Standard terms and conditions (consultancy) ITT Version [Word]

Standard terms and conditions IMT (bespoke development agreement) [Word]

Standard terms and conditions IMT (software licence and maintenance agreement) [Word]

You do, or you will need to find a Service Manager within your department,centre or division. If a contract is put in place but not managed effectively, supplier performance can suffer. This can lead to service failures, cost overruns and may negatively affect LSE's reputation. 

The Procurement Team is a small team and does not manage services (with the exception of the Travel Management Service). A guide has been developed by the Team to give you practical advice on Service Management. For a copy, see Guide to Good Service Management at LSE[PDF]

If you are experiencing serious problems with a contract, need to make a variation to a contract or extend an existing contract, please contact the Procurement Team.

Before requesting bids from suppliers, it is important that you decide how you will score and evaluate their submissions. Normally, you will split your requirements into a percentage for the cost part of their bid and a percentage for the quality part of their bid.

The Procurement Team have a template scoring system you can use  and can supply sample bid evaluation templates.

Once you have decided who to award your contract to, it is good practice to advise the successful and unsuccessful bidders at the same time and provide the unsuccessful bidders with some feedback.

Contracts under £100,000 ex VAT can be signed by the Budget Controller

Contracts over £100,000 ex VAT and all contracts on the supplier's terms no matter what the value must be signed by the School Secretary

You will need additional authorisation prior to contract signature in the following circumstances:

The School has committed to make sustainability a key consideration of its purchasing decisions and supplier relationships.

To achieve this, environmental considerations should be integrated in your procurement requirements, contract specifications, and evaluation criteria. For tender processes, sustainability should be part of the scoring criteria (5 to 20% depending on the nature of the contract).

Our Sustainability Impact Assessment tool can help you identify sustainability risk and opportunities for the good and services you are purchasing. Consider sustainability as early as possible to achieve maximum impact. Both the procurement and the sustainability team are here to help.

E.mail: finance.division.purchasing@lse.ac.uk

Team phone number: +44 20 3486 2929 

Online enquiry form  (click to access)

For more information about the make up of the team please see the Finance Division people pages.