Corrupt or Fraudulent Practices नमुना कलम

Corrupt or Fraudulent Practices. ADO requires that Bidders shall observe the highest standard of ethics during the execution of contracts. In pursuance of this policy, ADO Defines, for the purposes of this provision, the terms set forth as follows: • “corrupt practice” means the offering, giving, receiving or soliciting of anything of value to influence the action of a public official in the procurement process or in contract execution; and •“fraudulent practice” means a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of the Government, and includes collusive practice among Bidders (prior to or after tender submission) designed to establish tender prices at artificial non-competitive levels and to deprive the Government of the benefits of free and open competition; • will reject a proposal for award if it determines that the Bidder recommended for award has engaged in corrupt or fraudulent practices in competing for the contract in question; • xxxx declare a firm ineligible for a period of 3 years , if it at any time it determines that the firm has engaged in corrupt or fraudulent practices in competing for awarded work at Government financed contract , or in executing, a contract. 21.