Non Collusion Statement

What is non collusion statement?

A non collusion statement is a legal document that declares the absence of collusion or collaboration between parties involved in a business transaction. It is used to ensure fair competition and prevent any unfair practices that may compromise the integrity of the process.

What are the types of non collusion statement?

There are two main types of non collusion statements:

Pre-bid Non Collusion Statement: This is a statement signed by bidders before submitting their bids, declaring that they have not colluded with other bidders to manipulate prices or gain an unfair advantage.
Post-award Non Collusion Statement: This is a statement signed by the awarded contractor or supplier, confirming that they have not colluded during the bidding process and will not engage in any collusive activities during the execution of the contract.

How to complete non collusion statement

Completing a non collusion statement is a straightforward process. Here are the steps to follow:

01
Begin by providing the necessary identifying information, such as the name and contact details of the party making the statement.
02
Clearly state the purpose of the statement and the specific transaction or bidding process it pertains to.
03
Affirm that there has been no collusion, price fixing, or any anti-competitive behavior involved in the process.
04
Include a clause stating the consequences of providing false information or engaging in collusive practices.
05
Sign and date the statement to make it legally binding.

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Video Tutorial How to Fill Out non collusion statement

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