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INTEGRITY PACT Between SECURITIES AND EXCHANGE BOARD OF INDIA hereinafter referred to as The Principal, and . Hereinafter referred to as The Bidder/ Contractor Preamble The Principal intends to award,
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Read the integrity pact thoroughly to understand its terms and conditions.
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An integrity pact is a mutual agreement between contracting parties aimed at preventing corruption in public procurement and contracting processes.
Both the government entity and the contractor or supplier involved in the procurement process are required to file the integrity pact.
To fill out an integrity pact, both parties need to complete the required sections that define their commitments to integrity, disclose relevant information, and outline the mechanisms for oversight and enforcement.
The purpose of an integrity pact is to promote transparency, accountability, and trust in government contracts by ensuring that all parties adhere to ethical standards.
The integrity pact must report information regarding the parties involved, the nature of the contract, commitments made to prevent corruption, and mechanisms for reporting violations.
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