Statement on Principles and Standards of Acquisitions Practice

In all acquisitions transactions, a librarian:

  1. gives first consideration to the objectives and policies of his or her institution;
  2. strives to obtain the maximum ultimate value of each dollar of expenditure;
  3. grants all competing vendors equal consideration insofar as the established policies of his or her library permit, and regards each transaction on its own merits;
  4. subscribes to and works for honesty, truth, and fairness in buying and selling, and denounces all forms and manifestations of bribery;
  5. declines personal gifts and gratuities;
  6. uses only by consent original ideas and designs devised by one vendor for competitive purchasing purposes;
  7. accords a prompt and courteous reception insofar as conditions permit to all who call on legitimate business missions;
  8. fosters and promotes fair, ethical, and legal trade practices;
  9. avoids sharp practice;
  10. strives consistently for knowledge of the publishing and bookselling industry;
  11. strives to establish practical and efficient methods for the conduct of his/her office;
  12. counsels and assists fellow acquisitions librarians in the performance of their duties, whenever occasion permits.

Developed by the ALCTS Acquisitions Section Ethics Task Force; endorsed by the ALCTS Acquisitions Section and adopted by the ALCTS Board of Directors, Midwinter Meeting, February 7, 1994.