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C-710-BR: Vendor Risk Management
References:
- Alberta Education Act: Section 33, 54
The board directs St. Albert Public Schools to develop and implement vendor risk management procedures, which include:
- conducting due diligence on potential vendors;
- implementing contractual safeguards, and regularly monitoring and evaluating the performance of existing vendors; and
- reviewing and updating vendor risk management procedures as needed to ensure
their effectiveness.
The board believes that these procedures are essential for protecting St. Albert Public Schools and our stakeholders.
Administration will develop regulations to specifically monitor vendors providing technology services to the school division.