Operating Standard
Operating standard.
The Delvex review framework establishes the minimum conditions for commercial reliance and transaction progression.
Decision Discipline
Five controls govern transaction progression.
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01
Identity
The legal entity and relevant principals must be identifiable.
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02
Authority
Each party must demonstrate its authority to act, offer, buy or represent.
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03
Capacity
Operational and financial capability must match the proposed transaction.
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04
Evidence
Material representations must be current, coherent and independently verifiable.
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05
Execution
Documents, payment mechanics and delivery milestones must form one workable sequence.
Where a material control is unresolved, the transaction does not advance.