The high socioeconomic impacts caused in the midst of the Covid-19 pandemic led BB Foundation to undertake and participate in various actions to support and assist the most vulnerable sections of the Brazilian population.
These actions brought challenges to the maintenance of deadlines for releasing funds to projects, which were overcome through the review and digitization of our payment processes, without affecting the execution of projects or our partners.
Since 2017, BB Foundation has followed the Regulation for Biddings and Contracts of Banco do Brasil - RLBB, resulting from Law 13.303/2016, which regulates bids and contracting services, including engineering, advertising and sponsorship, purchases, leases and disposals of assets, execution of works and administration of contracts.
Contracting is carried out through bidding processes, except in the cases of direct contracting, provided for in the RLBB, aiming at the selection of the most advantageous proposal, observing the principles of impersonality, legality, morality, publicity, efficiency, administrative probity, economy, sustainable national development, linkage to the invitation to bid, achievement of competitiveness and objective judgment.
In compliance with the principle of sustainable national development, whenever possible, the specification of the contractual object contains sustainable criteria, properly justified, without prejudice to the principles of isonomy and competitiveness, using Sustainable Purchasing and Waste Standards of Banco do Brasil instrument as a reference.
The contracts signed by BB Foundation are monitored and supervised by employees, specially designated for this purpose, and published on the BB Foundation website, on the Internet, for public access and control.
BB Foundation demands from its suppliers, in their contractual instruments, a commitment for not using negative discriminatory practices in accessing and maintaining employment, with respect for diversity, with the preservation of the environment, with the provisions of the anti-corruption law (Law 12.846/2013), with the repudiation of harassment conducts, with the observance of the Universal Declaration of Human Rights, in compliance with labor legislation and with the orientation of their conduct by ethics and other principles that guide labor contractual relations.
