Bechtel is committed to the highest standards of business ethics and corporate compliance.
It is Bechtel’s policy to deal only with organizations that have similar ethical
standards as our own as stated below. The purpose of this document is to give you
a sense of our standards of conduct. We also encourage you to take a review carefully
the complete text of Bechtel Business Ethics on www.Bechtel.com.
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Introduction
A basic component of Bechtel's policy on business conduct is, of course, compliance
with law. The Bechtel group of companies and its employees are subject to and must
comply with all applicable laws of the United States and the countries in which
they do business. While some Bechtel policies
are based on the requirements of applicable law, others embody our company’s broader
commitment to ethical business conduct.
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| General Standards |
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| Fair Treatment: Bechtel employees are expected to act fairly at
all times. This includes not allowing undue external factors influence the fair
treatment policy and avoiding actions that might create a perception that suppliers
or contractors have "a friend at Bechtel" who could exert improper influence on
their behalf. |
| No Misrepresentation: Honesty is an integral part of ethical behavior,
and trustworthiness is essential for strong, lasting relationships. Bechtel employees
may not misrepresent themselves, including their level of authority, or the company
to anyone. We expect the same of our suppliers.
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| Employees May Not Use Bechtel's Size Unfairly: Because of its size,
Bechtel gains some legitimate advantages such as those derived from large-scale
buying and selling. However, Bechtel employees shall not use Bechtel's size to intimidate,
threaten, or slight another person or organization. |
| Proprietary and Confidential Information: Bechtel respects the
confidentiality of proprietary information received from suppliers and contractors,
and Bechtel employees will not improperly use or disclose such information. Likewise,
when suppliers have access to information that is proprietary to Bechtel, we expect
that they will protect and maintain its confidentiality as well. |
| Gifts and Entertainment: Bechtel chooses its suppliers and contractors
based on the quality and value of the goods and services they are able to provide.
It is Bechtel’s policy to never solicit or accept gifts or gratuities that may influence
or appear to influence a Bechtel employee’s decision in the selection of bidders
for the supply of equipment or services. Therefore, suppliers and contractors should
refrain from offering anything to Bechtel employees. Modest promotion items may
be acceptable but all gifts that either exceed nominal value, are given to improperly
influence a Bechtel employee, or that are otherwise prohibited by law, will not
be accepted by Bechtel or its employees. |
| Conflicts of Interests: Employee participation in outside activities should not infringe on an employee's
ability to do his or her assigned Bechtel job and may require advance approval.
Bechtel employees may not, as a general rule, be a supplier to Bechtel or work for
a potential supplier while employed by Bechtel. |
| To view the complete text of Bechtel Business Ethics on the external Corporate
website, go to www.bechtel.com/ethics.html. |
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