​​

In the processes conducted by Procurement, Vale adopts procedures for receiving and opening proposals that guarantee suitability, equal competition and confidentiality, appropriate to the amounts involved and characteristics of the market.

Check out the steps:

1
 

Search for potential suppliers

Vale prospects potential suppliers and request commercial presentations.

2
 

- Request and submission of proposals

In this step, information requests (RFIs), price quotations (RFQs) and proposals request (RFPs) are sent through Vale Vendor Portal.

3
 

Analysis of proposals and negotiation

The opening and analysis of the proposals shall take place under the conditions set forth in the notice. At this step, Vale may return with doubts to the participants and may also promote one or more rounds of negotiations seeking better supply conditions.

4
 

Approval and closure of the contract

After the negotiation, the hiring goes through internal approval processes and the signatures of the draft previously accepted in step 2 are collected.
In order for the supplier to have the opportunity to register his/her tax exemptions prior to the payment and tax collection step, Vale's employee must register the tax rules in the Vale Procurement Global Services tool. In this environment, information such as assignment acts, special regimes and judicial measures must be registered, attaching the supporting documents.

​ ​​​​​​​​​​​​​​​​