| |
|
Transparency in Dealing & Integrity Pact |
| |
|
MECON, a Central
Public Sector Organization, recognizes its responsibility
to combat bribery and corruption.
|
|
|
|
It is committed to transparency in its dealings with
all its stake holders. |
|
|
|
MECON has entered into a Memorandum of Understanding
with Transparency International India for implementation of Integrity Pact, a tool
developed by Transparency International, which ensures that all activities and transactions
between a Company or Government Departments and their counterparties are handled
in a fair, transparent and corruption free manner.
|
|
|
|
MECON is entering into Integrity Pact with counterparties
(vendors/suppliers/contractors) having transactions of Rs.10.00 crores (Rupees ten
crores) or more. The draft Integrity Pact forms part of tender documents, where
transaction value is estimated to be Rs.10.00 crores (Rupees ten crores) or more.
|
|
|
|
It is proposed to enlarge the scope gradually to cover
larger number of counterparties. |
|
|
|
To oversee the process of procurement, MECON has appointed
External Independent Monitor(s), who will oversee transactions where Integrity
Pacts are signed between MECON and counterparties.
|
|
|
|
The text of Integrity Pact can be Viewed/Downloaded
|
