Contracting

*Investimento Social Direto (Fundação BB + recursos internalizados) +
Investimento Social de parceiros (recursos não-internalizados)

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 for 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 object of the contract contains sustainable criteria, duly justified, without prejudice to the principles of isonomy and competitiveness, using the Padrão de Compras e Descartes Sustentáveis do Banco do Brasil (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 requires its suppliers, in their contractual instruments, to commit to not using negative discriminatory practices in accessing and maintaining employment, with respect for diversity, with preservation of the environment, with the provisions of the anti-corruption law (Law 12.846/2013), repudiating harassment, observing the Universal Declaration of Human Rights, complying with labor legislation and guiding their conduct by ethics and other principles that guide work relations and of the contract.