CODE OF INTEGRITY Sample Clauses

CODE OF INTEGRITY. No official of the bidder shall act in contravention of the codes which includes prohibition of: i. Making offer, solicitation or acceptance of bribe, reward or gift or any material benefit, either directly or indirectly, in exchange for an unfair advantage in the procurement process or to other wise influence the procurement process. ii. Any omission, or misrepresentation that may mislead or attempt to mislead so that financial or other benefit may be obtained or an obligation avoided. iii. Any collusion, bid rigging or anti-competitive behavior that may impair the transparency, fairness and the progress of the procurement process. iv. Improper use of information provided by the procuring entity to the bidder with an intent to gain unfair advantage in the procurement process or for personal gain. v. Any financial or business transactions between the bidder and any official of the procuring entity related to tender or execution process of contract; which can affect the decision of the procuring entity directly or indirectly. vi. Any coercion or any threat to impair or harm, directly or indirectly, any party or its property to influence the procurement process. vii. Obstruction of any investigation or auditing of a procurement process. viii. Making false declaration or providing false information for participation in a tender process or to secure a contract. ix. Disclosure of conflict of interest. x. Disclosure by the bidder of any previous transgressions made in respect of the provisions of sub-clause with any entity in any country during the last three years or of being debarred by any other procuring entity.
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CODE OF INTEGRITY. 1. Any bidder participating in procurement process shall a. Not offer any bribe, reward or gift or any material benefit either directly or indirectly in exchange for an unfair advantage in procurement process or to otherwise influence the procurement process; b. Not misrepresent or omit information that misleads or attempts to mislead so as to obtain a financial or other benefit or avoid an obligation; c. Not indulge in any collusion, bid rigging or anticompetitive behaviour to impair the transparency, fairness and progress of the procurement process; d. Not misuse any information shared between the procuring entity and the bidders with an intent to gain unfair advantage in the procurement process; e. Not indulge in any coercion including impairing or harming or threatening to do the same, directly or indirectly, to any party or to its property to influence the procurement process; f. Not obstruct any investigation or audit of a procurement process; g. Disclose conflict of interest, if any; and h. Disclose any previous transgressions with any entity in India or any other country during the last three years or any debarment by any other procuring entity. 2. Without prejudice to the provisions, in case of any breach of the code of integrity by a bidder or prospective bidder, as the case may be, the procuring entity may take appropriate measures including: - i. exclusion of the bidder from the procurement process; ii. calling-off of pre-contract negotiations and forfeiture or encashment of bid security; iii. forfeiture or encashment of any other security or bond relating to the procurement; iv. recovery of payments made by the procuring entity along with interest thereon at bank rate; v. cancellation of the relevant contract and recovery of compensation for loss incurred by the procuring entity; vi. debarment of the bidder from participation in future procurements of the procuring entity for a period not exceeding three years.
CODE OF INTEGRITY. 3.2.1 No official of a procuring entity or a Bidder shall act in contravention of the codes which includes: I. Prohibition of: a) Making offer, solicitation or acceptance of bribe, reward or gift or any material benefit, either directly or indirectly, in exchange for an unfair advantage in the procurement process or to otherwise influence the procurement process. b) Any omission, or misrepresentation that may mislead or attempt to mislead so that financial or other benefits may be obtained, or an obligation avoided. c) Any collusion bid rigging or anti-competitive behaviour that may impair the transparency, fairness and the progress of the procurement process. d) Improper use of information provided by the procuring entity to the Bidder with an intent to gain unfair advantage in the procurement process or for personal gain. e) Any financial or business transactions between the Bidder and any official of the procuring entity related to tender or execution process of contract; which can affect the decision of the procuring entity directly or indirectly. f) Any coercion or any threat to impair or harm, directly or indirectly, any party or its property to influence the procurement process. g) Obstruction of any investigation or auditing of a procurement process. h) Making false declaration or providing false information for participation in a tender process or to secure a contract; II. Disclosure of conflict of interest. III. Disclosure by the Bidder of any previous transgressions made in respect of the provisions of sub-clause (a) with any entity in any country during the last three years or of being debarred by any other procuring entity. In case of any reported violations, the procuring entity, after giving a reasonable opportunity of being heard, concludes that a Bidder or prospective Bidder, as the case maybe, has contravened the code of integrity, may take appropriate measures.
CODE OF INTEGRITY. A) By participation in this tender, Bidders, Suppliers, Contractors, and Consultants are deemed to have declared that they shall observe the highest standard of ethics and shall not indulge in the following prohibited practices, either directly or indirectly, at any stage during the Tender Process or during the execution of resultant contracts: 1) “Corrupt practice” - making offer, solicitation or acceptance of a bribe, reward or gift or any material benefit, in exchange for an unfair advantage in the Tender Process or to otherwise influence the Tender Process;
CODE OF INTEGRITY. Any person participating in procurement process shall,-

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