Processes & Standards

What We Buy  
Click here to view a list of eligible products and services.

How We Buy   
Vectren utilizes the Strategic Sourcing environment - providing suppliers more information and research on how their products and/or services fit into the Company's overall strategies and goals.

We use a variety of purchasing methods to obtain necessary goods and services, including:

•  Standard RFP offerings
•  Straight bid
•  Negotiated agreements

Our criteria for purchasing a product or service may include:

•  Total Cost of Ownership (TCO) model
•  Value added
•  First cost
•  Safety
•  Environmental commitment
•  Cutting edge technologies or innovations

We maintain a proactive Supplier Diversity Program as an extension of our corporate commitment to promote diversity at every level of our Company.