INTEGRITY PACT BETWEEN DEENDAYAL PORT TRUST (DPT) hereinafter referred to as "The Principal" ANDOctober 8th, 2021
FiledOctober 8th, 2021Preamble : The Principal intends to award, under laid down organizational procedures, contract/concession for Tender No. .......................... The Principal values full compliance with all relevant laws and regulations, and the principles of economic use of resources, and of fairness and transparency in its relations with its Bidders. The Central Vigilance Commission (CVC) has been promoting Integrity, transparency, equity and competitiveness in Government / PSU transactions and as a part of Vigilance administration and superintendence, CVC has, recommended adoption of Integrity Pact and provided basic guidelines for its implementation in respect of major procurements in the Government Organizations in pursuance of the same, the Principal agrees to appoint an external independent Monitor who will monitor the execution of the contract for compliance with the principles mentioned above.