Corrupt and Fraudulent Practices definition

Corrupt and Fraudulent Practices means either one or any combination of the practices given below;
Corrupt and Fraudulent Practices means either one or any combination of the practices given below:
Corrupt and Fraudulent Practices means either one or any combination of the

Examples of Corrupt and Fraudulent Practices in a sentence

  • Corrupt and Fraudulent Practices The Bank requires compliance with its policy in regard to corrupt and fraudulent practices as set forth in Attachment 1 to the GCC.

  • AFD Policy - Corrupt and Fraudulent Practices - Social and Environmental Responsibility; PART 2 Works Requirements (g) Section VII.

  • The standard Agreement form consists of four parts: the Form of Agreement to be signed by the Client and the Services Provider, the General Conditions of Agreement (GCA), including Attachment 1 (Policy – Corrupt and Fraudulent Practices); the Special Conditions of Agreement (SCA); and the Appendices.

  • The Supplier’s and its Subcontractors and consultants’ attention is drawn to Clause 6 Fraud and Corruption of the Form of Contract, Annex 1 - Bank Policy - Corrupt and Fraudulent Practices which provides, inter alia, that acts intended to materially impede the exercise of the Bank’s inspection and audit rights constitute a prohibited practice subject to contract termination (as well as to a determination of ineligibility pursuant to the Bank’s prevailing sanctions procedures).


More Definitions of Corrupt and Fraudulent Practices

Corrupt and Fraudulent Practices means either one or any combination of the practices given below; “Coercive Practice” means any impairing or harming, or threatening to impair or harm, directly or indirectly, any party or the property of the party to influence the actions of a party to achieve a wrongful gain or to cause a wrongful loss to another party;
Corrupt and Fraudulent Practices means Corrupt and fraudulent practices including but not limited to such corrupt and fraudulent practices as described under the Sindh Public Procurement
Corrupt and Fraudulent Practices means Corrupt and fraudulent practices including but not limited to such corrupt and fraudulent practices as described under the Sindh Public Procurement Rules, 2010 (as Amended from time to time)
Corrupt and Fraudulent Practices means either one or any combination of the practices given below and in BPR-2014—

Related to Corrupt and Fraudulent Practices

  • fraudulent practices which means any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation; and

  • fraudulent practice means a misrepresentation of facts in order to influence a procurement process or the execution of a contract to the detriment of any bidder, and includes collusive practice among bidders (prior to or after bid submission) designed to establish bid prices at artificial non-competitive levels and to deprive the bidder of the benefits of free and open competition.