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visakhapatnam steel plant materials management ... - Vizag Steel

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(1) The Bidder/ Contractor commits to take all measures necessary to preventcorruption and commits to observe the following principles during hisparticipation in the tender process/during the contract execution(in case ofBidder to whom the contract has been awarded).a. The Bidder/Contractor will not, directly or through any other person orfirm, offer, promise or give to any of the Principal’s employees involved inthe tender process or the execution of the contract or to any third personany material or other benefit which he/she is not legally entitled to, inorder to obtain, in exchange, any advantage of any kind whatsoeverduring the tender process or during the execution of the contract or tovitiate the Principal’s tender process or contract execution.b. The Bidder/ Contractor will not enter with other Bidders into anyundisclosed agreement or understanding, whether formal or informal. Thisapplies in particular to prices, specifications, certifications, subsidiarycontracts, submission or non-submission of bids or any other actions torestrict competitiveness or to introduce cartelization in the bidding processor to vitiate the Principal’s tender process or execution of the contract.c. The Bidder/Contractor will not commit any offence under the PC Act/Applicable law, like paying any bribes or giving illegal benefit to anyoneincluding employees of RINL, to gain undue advantage in dealing withRINL or for any other reason etc. Further, the Bidder/Contractor will notuse improperly, for purposes of competition or personal gain, or pass on toothers, any information or document provided by the Principal as part ofthe business relationship regarding plans, technical proposals and businessdetails including information contained or transmitted electronically.d. The Bidder/Contractor of foreign origin shall disclose the name andaddress of their Agent(s)/representative(s) in India, if any. Similarly theBidder/Contractor of Indian Nationality shall furnish the name and addressof the foreign supplier/contract Agency, if any. Further details, asmentioned in the Guidelines on Indian Agents of Foreign“Suppliers/contract agencies”, shall be disclosed by the Bidder/Contractor,wherever applicable. Further, as mentioned in the Guidelines, all thepayments made to the Indian agent(s)/representative(s) have to be inIndian Rupees only. Copy of the Guidelines on Indian Agents of Foreign“Suppliers/contract agencies” is enclosed.e. The Bidder/ Contractor will, when presenting his bid, disclose any and allpayments he has made or committed to or intends to make to agents,brokers or any other intermediaries in connection with the award of thecontract.(2) The Bidder/Contractor will not instigate third persons to commit offencesoutlined above or be an accessory to such offences.38

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