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For all interactions, dealings and business conducted on it, BUSREX
believes in maintaining (and safeguarding ) high ethical, qualitative
and professional standards. We wish that all our Users too emphasise on these attributes
while we integrate quality, user friendliness and value building mechanisms. |
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Consequently, BUSREX , being a virtual ecosystem, needs to enforce
a Code of Conduct for the benefit of all stakeholders, be it a
Vendor, Customer, ITEBR, Consultant and ourselves which shall be
reviewed at appropriate times. |
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These Codes are classified into Confidentiality, Security of Data,
Non- Repudiation of Transactions, Impartiality, Presentation Manners &
Time Schema, Record Keeping and Payment Obligations. |
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1. Confidentiality: |
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Vendors/ Customers/ ITEBR's should maintain strict confidentiality of information
and data pertaining to the execution of Assignments. The information such as tasks,
deliverables, quotations, payments are specific to the parties involved in the Assignment
and should not be shared with others under any circumstances
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ITEBR's should not share the completed Assignment information with other ITEBR's.
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BUSREX will permit competitive bidding for Assignments to ensure
that service available is optimal in cost. All Vendors/ Customers (Assignment creators)
should ensure strict confidentiality with respect to the quotations received. They
should not share the quote information and should not play-off one ITEBR against
other ITEBR's.
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No user should perform any activity, seek or disclose any information that could
lead to an unfair advantage, disclosure and or competition or may lead to any infringement
of any business process or loss of any sort to the other stake holder’s business.
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2. Security of Data: |
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Adequate access level and transaction level security is built into BUSREX. The Users at no point of time should share the
passwords with others who are not related to the business on hand.
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Only authenticated users and sub-users should access BUSREX.
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ITEBR's at the POB should take adequate care to ensure that data of the client is
accessed through client specified/preferred procedures. No such data of Customer
should be transferred/transmitted or made known to others.
- All the stakeholders should recognize and appreciate the legal consequences and
validity of e-commerce transactions.
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ITEBR's should strive to protect the copyrights of BUSREX, Vendors
and Customers.
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3. Non- Repudiation of Transactions: |
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BUSREX has built in adequate safeguards at appropriate stages of
Assignment process to align the Assignments on business dynamics. The transactions
once accepted and commenced cannot be repudiated either by assignors or assignees.
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All the stakeholders should agree to the Terms & Conditions before performing
the transactions. Such agreed Terms & Conditions are binding upon the parties
till the completion of Assignment.
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4. Impartiality
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- Vendors and Customers will create Assignments with specific, meaningful and achievable
tasks/ deliverables.
- The Assignments posted shall be equitable to all ITEBR's in the particular location;
unless or otherwise posted to specific ITEBR's.
- Vendors and Customers should exercise caution while accepting quotes of ITEBR's
and preference should be only based on order on merit and cost.
- Vendors, Customers and ITEBR's should not contract or accept Assignment that fall
outside the purview of BUSREX thereby jeopardizing the commercial
interests of BUSREX.
- ITEBR's should strive to protect the copyrights of BUSREX, Vendors
and Customers.
- ITEBR's should not, under any circumstance, disclose or talk about relative merits
of offerings of different Vendors.
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5. Presentation Manners & Time Schema
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- ITEBR's should present themselves at Assignment places with identification cards
issued by BUSREX.
- ITEBR's should fix prior appointments to visit Assignment places.
- For Assignments in progress, ITEBR's should implement the time schema given by Customers/Vendors.
- ITEBR's should be appropriately dressed, as demanding the occasion, during making
calls/visits on Customers and Vendors.
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6. Record Keeping
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- ITEBR's should not carry Customers’ data outside their premises without written
authorization.
- If the nature of assignment is such that data is residing on ITEBR's hardware, it
should be promptly erased on completion of assignment before leaving the Customer’s
premises.
- Vendors and Customers (Assignment creators) should keep complete details on data
transfer from their side and residing with ITEBR.
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7. Payment Obligations
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- All payments committed by Vendors/ Customers should be paid with in the time limits
agreed upon at the time of Assignment creation.
- Vendors/ Customers should make advances and interim payments in accordance with
business rules and practices in vogue for that Assignment.
- All applicable tax compliances should be compulsorily followed as laid down in the
statute.
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