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DELHI TRANSCO LIMITED

DELHI TRANSCO LIMITED

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(ii)"fraudulent practice" means a misrepresentation of facts inorder to influence a procurement process or the execution of acontract to the detriment of the Borrower, and includescollusive practice among Bidders (prior to or after bidsubmission) designed to establish bid prices at artificial noncompetitivelevels and to deprive the Borrower of the benefitsof free and open competition;(b)(c)will reject a proposal for award if it determines that the Bidderrecommended for award has engaged in corrupt or fraudulent practicesin competing for the contract in question;will declare a firm ineligible, either indefinitely or for a stated periodof time, if it at any time determines that the firm has engaged incorrupt or fraudulent practices in competing for, or in executing thiscontract.34.2 Furthermore, Bidders shall be aware of the provision stated in sub-clause 42.2of the Conditions of Contract._____________________________________________________________________T. No. DTL/DGM(T)SSC-II/GPL/09-10/GIS/GT-02Page 38 of 566

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