Common use of FRAUD AND CORRUPT PRACTICES Clause in Contracts

FRAUD AND CORRUPT PRACTICES. FRAUD AND CORRUPT PRACTICES • The Bidders and their respective officers, employees, agents and advisers shall observe the highest standard of ethics during the Bidding Process. Notwithstanding anything to the contrary contained herein, the Authority may reject an bid without being liable in any manner whatsoever to the Bidder if it determines that the Bidder has, directly or indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice in the Bidding Process. • Without prejudice to the rights of the Authority under relevant Clause herein above, if an Bidder is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice during the Bidding Process, such Bidder shall not be eligible to participate in any tender or RFQ issued by the Authority during a period of 2 (two) years from the date such Bidder is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice, as the case may be. • For the purposes of this Clause , the following terms shall have the meaning hereinafter respectively assigned to them:

Appears in 6 contracts

Samples: Brihanmumbai Municipal, Brihanmumbai Municipal, Brihanmumbai Municipal

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FRAUD AND CORRUPT PRACTICES. FRAUD AND CORRUPT PRACTICES The Bidders and their respective officers, employees, agents and advisers shall observe the highest standard of ethics during the Bidding Process. Notwithstanding anything to the contrary contained herein, the Authority may reject an bid without being liable in any manner whatsoever to the Bidder if it determines that the Bidder has, directly or indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice in the Bidding Process. Without prejudice to the rights of the Authority under relevant Clause herein above, if an Bidder is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice during the Bidding Process, such Bidder shall not be eligible to participate in any tender or RFQ issued by the Authority during a period of 2 (two) years from the date such Bidder is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice, as the case may be. For the purposes of this Clause , the following terms shall have the meaning hereinafter respectively assigned to them:

Appears in 5 contracts

Samples: www.mcgm.gov.in, portal.mcgm.gov.in, portal.mcgm.gov.in

FRAUD AND CORRUPT PRACTICES. FRAUD AND CORRUPT PRACTICES • 🠹 The Bidders and their respective officers, employees, agents and advisers shall observe the highest standard of ethics during the Bidding Process. Notwithstanding anything to the contrary contained herein, the Authority may reject an bid without being liable in any manner whatsoever to the Bidder if it determines that the Bidder has, directly or indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice in the Bidding Process. 🠹 Without prejudice to the rights of the Authority under relevant Clause herein above, if an Bidder is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice during the Bidding Process, such Bidder shall not be eligible to participate in any tender or RFQ issued by the Authority during a period of 2 (two) years from the date such Bidder is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice, as the case may be. 🠹 For the purposes of this Clause , the following terms shall have the meaning hereinafter respectively assigned to them:

Appears in 3 contracts

Samples: portal.mcgm.gov.in, portal.mcgm.gov.in, www.mcgm.gov.in

FRAUD AND CORRUPT PRACTICES. FRAUD AND CORRUPT PRACTICES • The Bidders and their respective officers, employees, agents and advisers shall observe the highest standard of ethics during the Bidding Process. Notwithstanding anything to the contrary contained herein, the Authority may reject an bid without being liable in any manner whatsoever to the Bidder if it determines that the Bidder has, directly or indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice in the Bidding Process. • Without prejudice to the rights of the Authority under relevant Clause herein above, if an Bidder is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice during the Bidding Process, such Bidder shall not be eligible to participate in any tender or RFQ issued by the Authority during a period of 2 (two) years from the date such Bidder is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice, as the case may be. • For the purposes of this Clause Clause, the following terms shall have the meaning hereinafter respectively assigned to them:

Appears in 2 contracts

Samples: portal.mcgm.gov.in, portal.mcgm.gov.in

FRAUD AND CORRUPT PRACTICES. FRAUD AND CORRUPT PRACTICES • The Bidders and their respective officers, employees, agents and advisers shall observe the highest standard of ethics during the Bidding Process. Notwithstanding anything to the contrary contained herein, the Authority SMP KOLKATA may reject an bid Application without being liable in any manner whatsoever to the Bidder if it determines that the Bidder has, directly or indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice in the Bidding Process. Without prejudice to the rights of the Authority SMP KOLKATA under relevant Clause herein abovethe Tender hereinabove, if an Bidder is found by the Authority SMP KOLKATA to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice during the Bidding Process, such Bidder shall not be eligible to participate in any tender Tender or RFQ Tender issued by the Authority SMP KOLKATA during a period of 2 (two) years from the date such Bidder is found by the Authority SMP KOLKATA to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice, as the case may be. For the purposes of this Clause Section 4, the following terms shall have the meaning hereinafter respectively assigned to them:

Appears in 1 contract

Samples: smportkolkata.shipping.gov.in

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FRAUD AND CORRUPT PRACTICES. FRAUD AND CORRUPT PRACTICES • The Bidders Applicants and their respective officers, employees, agents and advisers shall observe the highest standard of ethics during the Bidding Process. Notwithstanding anything to the contrary contained herein, the Authority may reject an bid Application without being liable in any manner whatsoever to the Bidder Applicant if it determines that the Bidder Applicant has, directly or indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice in the Bidding Process. Without prejudice to the rights of the Authority under relevant Clause herein above, if an Bidder Applicant is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice during the Bidding Process, such Bidder Applicant shall not be eligible to participate in any tender or RFQ issued by the Authority during a period of 2 (two) years from the date such Bidder Applicant is found by the Authority to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice, as the case may be. For the purposes of this Clause , the following terms shall have the meaning hereinafter respectively assigned to them:

Appears in 1 contract

Samples: portal.mcgm.gov.in

FRAUD AND CORRUPT PRACTICES. FRAUD AND CORRUPT PRACTICES • The Bidders Service Provider and their respective officers, employees, agents and advisers its Personnel shall observe the highest standard standards of ethics during and shall not have engaged in and shall not hereafter engage in any corrupt practice, fraudulent practice, coercive practice, undesirable practice, unwanted/unnecessary surgical interventions / therapies against medical ethics and standard treatment protocols or restrictive practice (collectively the Bidding Process“Prohibited Practices”). Notwithstanding anything to the contrary contained hereinin this Contract, the Authority may reject an bid Trust shall be entitled to terminate this Contract forthwith by a communication in writing to the Service Provider, without being liable in any manner whatsoever to the Bidder Service Provider, if it determines that the Bidder Service Provider has, directly or indirectly or through an agent, engaged in corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice any Prohibited Practices in the Bidding ProcessEmpanelment Process or before or after entering into of this Contract. In such an event, the Trust shall forfeit and appropriate genuine pre- estimated damages payable to the Trust towards, inter alia, the time, cost and effort of the Trust, without prejudice to the Trust’s any other rights or remedy hereunder or in law. Without prejudice to the rights of the Authority Trust under relevant Clause herein abovesub clause (a) above and the other rights and remedies which the Trust may have under this contract, if an Bidder the Service Provider is found by the Authority Trust to have directly or indirectly or through an agent, engaged or indulged in any corrupt practiceProhibited Practices, fraudulent practice, coercive practice, undesirable practice or restrictive practice during the Bidding ProcessSelection Process or before or after the execution of this contract, such Bidder the Service Provider shall not be eligible to participate in any tender or RFQ issued by the Authority apply for empanelment during a period of 2 (two) years from the date such Bidder the Service Provider is found by the Authority Trust to have directly or indirectly or through an agent, engaged or indulged in any corrupt practice, fraudulent practice, coercive practice, undesirable practice or restrictive practice, as the case may beProhibited Practices. For the purposes of this Clause sub clauses (a) and (b) above, the following terms shall have the meaning hereinafter respectively assigned to them:specified in SCC.

Appears in 1 contract

Samples: Service Contract Agreement

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