Fraudulent Practices means a misrepresentation of facts in order to influence a procurement process or the execution of a Contract to the detriment of the Purchaser and includes collusive practice among Bidders (prior to or after Bid submission) designed to establish Bid Prices at artificial non-competitive levels and to deprive the Purchaser of the benefits of free and open competition;
Fraudulent Practices which means any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; and
Fraudulent Practices. “Coercive Practices”, “Collusive Practices” and “Obstructive Practices” in the context of IFC operations.
Examples of Fraudulent Practices in a sentence
The Buyer, in the judgment of NPL has engaged in Corrupt Practices or Fraudulent Practices in competing for or in executing the Contract.
AFD Policy - Corrupt and Fraudulent Practices and Social and Environmental Responsibility; PART 2 - Supply Requirements• Section VII.
Corrupt or Fraudulent Practices 34.1 The Procuring Agency requires that Bidders, Suppliers, and Contractors observe the highest standard of ethics during the procurement and execution of contracts.
More Definitions of Fraudulent Practices
Fraudulent Practices means a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of IRCTC.
Fraudulent Practices means any misrepresentation or deletion of any facts in order to influence the supply process or contract implementation.
Fraudulent Practices means a misrepresentation or omission of facts in order to influence a procurement process or the execution of a contract,
Fraudulent Practices. Coercive Practices," and "Collusive Practices" in the context of the EBRD’s non-sovereign operations in favour of private sector projects.
Fraudulent Practices means any conduct or representation on
Fraudulent Practices means misrepresentation or omission of facts in order to execute of contract.
Fraudulent Practices. “Coercive Practices”, “Collusive Practices” and “Obstructive Practices” in the context of MIGA operations. CORRUPT PRACTICES A “Corrupt Practice” is the offering, giving, receiving or soliciting, directly or indirectly, of anything of value to influence improperly the actions of another person.