Developed by Transparency International, the Integrity Pact (IP) is a tool aimed at preventing corruption in public procurement. It consists of a process that includes an agreement between a government (at the federal, national or local level) or government department and all bidders for a public sector contract.
It contains rights and obligations to the effect that neither side will pay, offer, demand or accept bribes, or collude with competitors to obtain the contract, or engage in such abuses while carrying it out. Furthermore, bidders will disclose all commissions and similar expenses paid by them to anybody in connection with the contract; and sanctions will apply when violations occur. These sanctions range from loss or denial of contract, forfeiture of the bid or performance bond and liability for damages, to blacklisting for future contracts on the side of the bidders, and criminal or disciplinary action against employees of the government.
The IP allows companies to refrain from bribing in the knowledge that their competitors are bound by the same rules. It allows governments to reduce the high cost of corruption in procurement, privatization and licensing. The IP has shown itself to be adaptable to many legal settings and flexible in its application.'
Sectors and Themes 
RSS Feeds
Back
Top of page