The Chief Executives of FMA agencies have the authority to issue legally binding instructions relating to the financial administration of their agency.5 These Chief Executive Instructions (CEIs) can be expected to include details of the agency's procurement policies, including contracting policies. It is also generally appropriate for the CEIs to be supplemented by more detailed procurement procedures and practices that cover all phases of the procurement cycle in the context of the agency's particular business environment.
While there is no legislative requirement to do so, it would be expected that the Chief Executive of a CAC entity would also issue policies, procedures and practices that address the entity's procurement responsibilities.
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5 FMA Agency Chief Executives are authorised to issue CEIs under Section 52 of the FMA Act and Regulation 6 of the FMA Regulations.