OBLIGATIONS OF THE BIDDER. SUPPLIER
3.1 Transnet has a ‘Zero Gifts’ Policy. No employee is allowed to accept gifts, favours or benefits.
a) Transnet officials and employees shall not solicit, give or accept, or from agreeing to solicit, give, accept or receive directly or indirectly, any gift, gratuity, favour, entertainment, loan, or anything of monetary value, from any person or juridical entities in the course of official duties or in connection with any operation being managed by, or any transaction which may be affected by the functions of their office.
b) Transnet officials and employees shall not solicit or accept gifts of any kind, from vendors, suppliers, customers, potential employees, potential vendors, and suppliers, or any other individual or organisation irrespective of the value.
c) Under no circumstances should gifts, business courtesies or hospitality packages be accepted from or given to prospective suppliers participating in a tender process at the respective employee’s Operating Division, regardless of retail value.
d) Gratuities, bribes or kickbacks of any kind must never be solicited, accepted or offered, either directly or indirectly. This includes money, loans, equity, special privileges, personal favours, benefit or services. Such favours will be considered to constitute corruption.
OBLIGATIONS OF THE BIDDER. 6.2.1. The bidder shall insure that it is trained and accredited in areas, to be determined by SENTECH, where there is insufficient installation capacity;
OBLIGATIONS OF THE BIDDER. 4.1. The Bidder shall undertake to responsibly and fairly bid on the auctioned Property and to acquire the Property if its bid is the highest at the end of the Auction (i.e. if the Bidder wins the Auction). The Bidder shall not be entitled to withdraw its bid or reduce the bid amount.
4.2. The Bidder shall undertake to pay a deposit provided for in clause 7.1 hereof.
4.3. After winning the Auction, the Bidder shall undertake to enter into a sales contract with the Seller of the Property and to collect the Property within 5 (five) calendar days from the receipt of confirmation provided for in clause 5.9 hereof.
4.4. After winning the Auction, the Bidder shall undertake to pay its offered price for the Property to the bank account specified by the Seller within 5 (five) calendar days from the receipt of confirmation provided for in clause 5.9 hereof.
4.5. Upon winning the Auction, the Bidder shall undertake to pay an auction success fee to the Auctioneer within the terms and in accordance with the procedures set forth in clause 7.4 of this Agreement.
4.6. The Bidder shall undertake not to use the auction system for illegal actions and transactions or for fraud. The Bidder is informed that its illegal actions may be reported to law enforcement authorities.
4.7. The Bidder shall undertake not to use for its personal and/or commercial purposes the photos of the Property and/or other information about the Property provided in the auction system (e.g., published on online advertising portals, etc.) regarding specific Property until the Bidder acquires ownership of that specific Property, the photos and/or information of which have been provided.
4.8. The Bidder shall undertake not to disclose its login information and passwords to any third parties. The Bidder shall be personally responsible for keeping its login information secret and for the actions of other persons who have used the Bidder's login information. The Auctioneer shall not be liable for any damage caused by third parties to the Bidder if the Bidder discloses its login information or loses such information due to negligence. The Bidder shall be liable for all of its actions carried out on the website xxx.xxxxxxx.xx, as well as data or offers that the Bidder provided intentionally (knowingly) or due to negligence (inadvertently).
OBLIGATIONS OF THE BIDDER. SUPPLIER
3.1 Transnet has a ‘Zero Gifts’ Policy. No employee is allowed to accept gifts, favours or benefits.
a) Transnet officials and employees shall not solicit, give or accept, or from agreeing to solicit, give, accept or receive directly or indirectly, any gift, gratuity, favour, entertainment, loan, or anything of monetary value, from any person or juridical entities in the course of official duties or in connection with any operation being managed by, or any transaction which may be affected by the functions of their office.
b) Transnet officials and employees shall not solicit or accept gifts of any kind, from vendors, suppliers, customers, potential employees, potential vendors, and suppliers, or any other individual or organisation irrespective of the value.
c) Under no circumstances should gifts, business courtesies or hospitality packages be accepted from or given to prospective suppliers participating in a tender process at the respective employee’s Operating Division, regardless of retail value.
d) Gratuities, bribes or kickbacks of any kind must never be solicited, accepted or offered, either directly or indirectly. This includes money, loans, equity, special privileges, personal favours, benefit or services. Such favours will be considered to constitute corruption.
3.2 The Bidder / Supplier commits itself to take all measures necessary to prevent corrupt practices, unfair means and illegal activities during any stage of its bid or during any ensuing contract stage in order to secure the contract or in furtherance to secure it and in particular the Bidder / Supplier commits to the following:
a) The Bidder / Supplier will not, directly or through any other person or firm, offer, promise or give to Transnet or to any of Transnet’s employees involved in the bidding process or to any third person any material or other benefit or payment, in order to obtain in exchange an advantage during the bidding process; and
b) The Bidder / Supplier will not offer, directly or through intermediaries, any bribe, gift, consideration, reward, favour, any material or immaterial benefit or other advantage, commission, fees, brokerage or inducement to any employee of Transnet, connected directly or indirectly with the bidding process, or to any person, organisation or third party related to the contract in exchange for any advantage in the bidding, evaluation, contracting and implementation of the contract.
3.3 The Bidder / Supplier will not collude with other par...
OBLIGATIONS OF THE BIDDER. The Bidder shall perform the Roles & Responsibilities as mentioned in the RFP Vol 2.
OBLIGATIONS OF THE BIDDER
