Procurement Practices. A procuring entity must conduct procurement in a transparent manner consistent with the GPA, avoid conflict of interest, and prevent corrupt practices. Additionally, parties are to ensure that their procedures do not preclude competition or create unnecessary obstacles to international trade. The GPA also establishes general rules regarding the systems through which suppliers engage in competitive bidding for contracts (i.e., open, selective, and limited tendering procedures).
Appears in 8 contracts
Samples: Wto Agreement, Wto Agreement, Wto Agreement