Common use of Commitments of the Principal Clause in Contracts

Commitments of the Principal. The Principal commits itself to take all measures necessary to prevent corruption and to observe the following principles: - No employee of the Principal, personally or through family members, will in connection with the Tender for, or the execution of a Contract, demand, take a promise for or accept, for self, or third person, any material or immaterial benefit which the person is not legally entitled to. The Principal will, during the Tender process treat all Bidder(s) with equity and reason. The Principal will in particular, before and during the Tender process, provide to all Bidder(s) the same information and will not provide to any Bidder(s) confidential/ additional information through which the Bidder(s) could obtain an advantage in relation to the tender process or the contract execution. The Principal will exclude all known prejudiced persons from the process, whose conduct in the past has been of biased nature. If the Principal obtains information on the conduct of any of its employees which is a criminal offense under the IPC/PC Act or any other Statutory Acts or if there be a substantive suspicion in this regard, the Principal will inform the Chief Engineer (Complaint), PWD, UP and in addition can initiate disciplinary actions as per its internal laid down Rules/Regulations.

Commitments of the Principal. (1) The Principal commits itself to take all measures necessary to prevent corruption and to observe the following principles: - - a. No employee of the Principal, personally or through family members, will in connection with the Tender RFP for, or the execution of a Contractcontract, demand, ; take a promise for or accept, for self, self or third person, any material or immaterial benefit which the person is not legally entitled to. . b. The Principal will, during the Tender RFP process treat all Bidder(sApplicant(s) with equity and reason. The Principal will in particular, before and during the Tender RFP process, provide to all Bidder(sApplicant(s) the same information and will not provide to any Bidder(sApplicant(s) confidential/ confidential / additional information through which the Bidder(sApplicant(s) could obtain an advantage in relation to the tender RFP process or the contract execution. . c. The Principal will exclude from the process all known prejudiced persons from the process, whose conduct in the past has been of biased nature. persons. (2) If the Principal obtains information on the conduct of any of its employees which is a criminal offense offence under the IPC/PC Act or any other Statutory Acts Act, or if there be a substantive suspicion Suspicion in this regard, the Principal will inform the Chief Engineer (Complaint), PWD, UP Vigilance Officer and in addition can initiate disciplinary actions as per its internal laid down Rules/Regulationsactions.