Companies must meet the following mandatory qualification criteria before being evaluated and approved by Woodside Energy as a Local Buying Program provider. Criteria include:
Legal entities must be registered within the Registrar General Companies of Trinidad and Tobago
Annual turnover for the previously completed financial year is less than $5 TTD million
Full Time employees is less than 25 persons
Agreement with the e-procurement platform model to manage the process from request to payment
That its company policies align with Woodside Energy's Purpose, Strategy and Values
The Local Buying Program covers a wide and diverse range of products and services
Any Purchase Order may be issued through the program, provided:
its value is less than $35,000 TTD for Goods / Materials
Its value is less than $335,000 TTD for Services
its scope is not covered under an existing contract
Goods and services are considered low risk