Local Procurement

Local Procurement

At Tacora, we recognize the importance in delivering economic benefits for the communities, businesses, and governments where we operate. Tacora supports the principles of first consideration and full and fair opportunity for suppliers located within the province of Newfoundland and Labrador. First consideration is given to services provided from within the province and to goods manufactured in the province, where those services and goods are competitive in terms of fair market price, quality, and delivery.

Tacora is committed to providing business opportunities to women, Indigenous Peoples, persons with disabilities and people from visible minority groups, which are collectively referred to as “designated groups”. We promote and seek the use of local labor, suppliers, contractors, and organizations majority owned by members of designated groups, and encourage business development within the province, to the extent that local suppliers can be competitive in areas of cost effectiveness.

Local Resource Commitment

Tacora is committed to maximizing the use of local provincial suppliers for materials used in construction and operations. In addition to utilization of local suppliers Tacora is committed to providing first consideration for employment to qualified provincial residents.

$190,409,837 CAD directly procured within the Labrador region (2024)
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