Page 33 - Code of Ethical Business Conduct

Code of Ethical Business Conduct 31

Sales of Products and Services

We are dedicated to developing, producing and delivering
products and services of the highest quality – products and services that meet
or exceed the requirements of customers. The customer has the right to expect,
and we have an obligation to ensure, that products and services are delivered
at a fair price. This can be accomplished only by a continuing dedication to fair
business dealings and a strict adherence to all
contractual obligations.
On occasion, we may sell products or services Q: The procedures for opening
to government agencies at the federal, state Company accounts involve
or local level. In those instances, we will strictly several steps. Can I consolidate
observe the laws, rules and regulations that the authorizations required in
govern acquisition of such goods and services. We order to save time?
will compete fairly and ethically for all business A: Key duties and responsibil-
opportunities. No Martin Marietta employee shall ities need to be divided or
attempt to obtain, from any source, government segregated among different
information that is procurement-sensitive nor people to reduce the risk of
any information of a competitor in circumstances error or fraud. This should
include separating the
where there is reason to believe the release or responsibilities for authoriz-
receipt of such information is unauthorized. ing transactions, processing
Personnel involved in negotiations of government and recording them,
contracts and commercial contracts shall ensure reviewing and approving the
that all statements, communications and transaction and handling any
related assets. No one
representations to customer representatives are individual should control all
accurate and truthful. key aspects of a transaction
Sufficient care must be taken to ensure or event.
proper recording and charging of all costs to the
appropriate account, regardless of the status of the
budget for that account. The falsification of timecards or other cost records will not
be tolerated. Every supervisor is personally responsible for assuring that the time of
employees is recorded promptly and accurately. It is specifically prohibited for any
employee to submit or to concur in the submission of any claims, bids, proposals,
or any other documents of any kind that are false, fictitious or fraudulent. Such acts
are criminal violations, which could result in criminal prosecution of Martin Marietta
and the employee involved.