Common use of Corruption Policy Clause in Contracts

Corruption Policy. A bidder declared ineligible by ADB, based on a determination by ADB that the bidder has engaged in corrupt, fraudulent, collusive, or coercive practices in competing for or in executing an ADB-financed contract shall be ineligible to be awarded ADB-financed contract during the period of time determined by ADB.

Appears in 2 contracts

Sources: Grant Agreement, Grant Agreement