Procurement of recovered materials: Overview, definition, and example
What is procurement of recovered materials?
Procurement of recovered materials refers to the process of sourcing and acquiring materials that have been recycled, salvaged, or otherwise reclaimed from waste streams for reuse in manufacturing, construction, or other industrial applications. These materials, which can include metals, plastics, paper, and other resources, are typically recovered from waste or discarded products rather than being newly mined or produced. The goal of procuring recovered materials is to reduce environmental impact, promote sustainability, and reduce reliance on virgin resources.
For example, a construction company may procure recycled steel beams for use in a new building project, rather than purchasing new steel.
Why is procurement of recovered materials important?
The procurement of recovered materials is important because it helps promote sustainability, conserve natural resources, and reduce waste. By reusing materials, businesses and industries can minimize the environmental impact of their operations, reduce the need for landfill space, and lower their overall carbon footprint. This process also supports a circular economy, where materials are continuously reused, refurbished, and recycled instead of being disposed of after use.
For businesses, sourcing recovered materials can reduce costs, especially when compared to purchasing raw or newly manufactured materials. It also supports compliance with environmental regulations and enhances a company's reputation for being environmentally responsible.
Understanding procurement of recovered materials through an example
Imagine a manufacturing company that produces consumer electronics. The company opts to source recovered materials, such as recycled aluminum and plastic, for the production of its products. By using materials that have been reclaimed from old electronics or other waste streams, the company helps reduce its reliance on new raw materials, lowering both its environmental impact and production costs.
In another example, a city municipality decides to procure recycled asphalt for repaving streets. The procurement of recovered materials, in this case, saves on the cost of using fresh asphalt, reduces waste, and supports local recycling initiatives.
An example of a procurement of recovered materials clause
Here’s how a procurement of recovered materials clause might appear in a contract:
“The Supplier agrees to provide the Purchaser with materials that are recovered or recycled, including but not limited to metals, plastics, and paper products, in accordance with the specifications outlined in this Agreement. The Supplier shall ensure that all recovered materials meet the required standards for quality and safety.”
Conclusion
The procurement of recovered materials plays a vital role in promoting sustainability, reducing environmental impact, and supporting the circular economy. By sourcing recycled or reclaimed materials, businesses and industries can reduce costs, conserve natural resources, and contribute to a more sustainable future. Whether in construction, manufacturing, or other sectors, the procurement of recovered materials is an essential practice for businesses looking to improve their environmental footprint and reduce waste.
This article contains general legal information and does not contain legal advice. Cobrief is not a law firm or a substitute for an attorney or law firm. The law is complex and changes often. For legal advice, please ask a lawyer.