MPC (Model Procurement Code)

The Model Procurement Code (MPC), is a set of guidelines developed to provide business entities with an ethical framework for procurement activities. It outlines the principles of sound procurement practices, such as open competition and transparency, and includes regulations related to fair competition, proper disclosure of information, cost-effectiveness, pricing strategies, use of resources, and contractual compliance. The MPC provides businesses with the tools necessary to navigate the complex and ever-evolving landscape of public sector procurement while mitigating potential risks associated with these activities.