Procurement Processes

The article discusses the evolution of procurement processes in the Ontario condominium industry over the years. It outlines three distinct periods: the period from 1967 to the early 1990s, the early 1990s to January 31, 2018 (when ACMO established its own code of ethics and the ACMO 2000 program), and the period from February 1, 2018 (when licensing for managers and management service providers was introduced, along with a new code of ethics). The focus is on the introduction of licensing and the new code of ethics, which have raised the stakes for procurement of goods and services on behalf of condominium clients. The article mentions a future section of the Condominium Act related to procurement processes and highlights the government's aim to regulate the procurement process to ensure transparency and protection for condominium owners. It discusses the potential for favouritism and abuse in procurement processes and the government's efforts to create a more open and transparent process. The role of managers and management companies in assisting corporations in meeting the new procurement processes is emphasized. The role of the Condominium Authority Tribunal (CAT) in dealing with records-related issues and its potential involvement in procurement-related disputes is also mentioned. The article notes the relationship between the new code of ethics and the licensee's role in supporting a valid procurement process and ensuring fairness. It highlights key provisions of the code that guide licensee behavior, emphasizing fairness, honesty, integrity, financial responsibility, and acting in the best interests of clients. The article concludes by anticipating the release of regulations on new procurement process requirements and the need for industry leaders to establish sound procedures to meet legislative intent.