visakhapatnam steel plant materials management ... - Vizag Steel

(name of bank & branch)(ANNEXURE- IX TO TENDER NO.PUR.1.41.0073/1182 Dt. 01.05.2013 )(Refer Para 2.4 of Annexure-II instruction to tenderers)INTEGRITY PACTRashtriya Ispat Nigam Limited (RINL) hereinafter referred to as “ThePrincipal”,And…………………………………………………………………………………. hereinafter referred to as “TheBidder/Contractor”PreambleThe Principal intends to award, under laid down organizational procedures, acontract for(nature of contract, in brief). The Principal values full compliance with allrelevant laws of the land, rules, regulations, economic use of resources, and offairness/transparency in its relations with its Bidder(s) and /or Contractor(s).The Principal will nominate Independent External Monitor(IEM) by name, from thepanel of IEMs, at the tender stage, for monitoring the tender process and theexecution of the contract in order to ensure compliance with the Integrity Pact byall the parties concerned.Section 1 – Commitments of the Principal:(1) The Principal commits itself to take all measures necessary to preventcorruption and to observe the following principles:-a. No employee of the Principal, personally or through family members,will in connection with the tender or the execution of a contract,demand/take a promise/accept for self or for third person, any materialor non material benefit which the person is not legally entitled to.b. The Principal will, during the tender process treat all Bidders with equityand reason. The Principal will in particular, before and during the tenderprocess, provide to all Bidders the same information and will notprovide to any Bidder confidential/additional information through whichthe Bidder(s) could obtain an advantage in relation to the tenderprocess or the contract execution.c. The Principal will exclude from the process all known prejudicedpersons.(2) If the Principal obtains information on the conduct of any of its employeeswhich is a criminal offence under the PC Act/ applicable law, or if there bea substantive suspicion in this regard, the Principal will inform the ChiefVigilance Officer of RINL and in addition can initiate disciplinary action.Section 2 – Commitments of the Bidder(s)/contractor(s):37