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Code of Business Conduct - Leighton Asia

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<strong>Code</strong> <strong>of</strong> <strong>Business</strong> <strong>Conduct</strong>• Only make procurement decisions based on the best value received, taking intoaccount the merits <strong>of</strong> price, quality, performance, capability and suitability• If you are aware <strong>of</strong>, or suspect, improper behaviour by a subcontractor or otherthird party, take action to investigate and rectify the situation• Only engage subcontractors or other third parties through a formal contract,which must be approved in accordance with the relevant delegated authorities• Take special care when engaging agents or representatives. All agreements withagents and representatives must be approved by a person in your business withthe authority to do so and in accordance with the <strong>Leighton</strong> Rules. There must betransparency and accurate reporting <strong>of</strong> all agency fees and the services provided• Confirm that the subcontractor or other third party understands LAIO’sexpectations and this <strong>Code</strong> and is contractually bound to meet standardsconsistent with this <strong>Code</strong>, where possibleWherever a member <strong>of</strong> LAIO has a controlling position in a joint venture or othersimilar arrangement, then we require that the standards <strong>of</strong> behaviour contained inthis <strong>Code</strong> be adopted. In all other circumstances, we will seek to influence othermembers included in the joint venture to adopt such standards.The standards <strong>of</strong> behaviour contained in this <strong>Code</strong> must never be waived. If localconditions make it difficult to find third parties who meet our criteria, or you have anydoubt about the use or behaviour <strong>of</strong> third parties, you must discuss the matter with arelevant senior manager, or legal counsel, in your business.ReferencesLAIO Authority MatrixLAIO Standards and Procedures are being developed and will be made available inthe LAIO Management System.<strong>Leighton</strong> <strong>Asia</strong>, India and Offshore Revision 430 November 2014 Page 28 <strong>of</strong> 46

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