Integrity pact (original) (raw)
An integrity pact is a multi-party agreement by a public body seeking to procure goods and services of significant value. As a tool for preventing corruption in public contracting, companies interested in bidding to supply the goods and services give a third party organisation, such as a civil society organisation, a role in monitoring compliance with the pact. According to the European Commission, the objectives include: Integrity pacts are promoted and supported by a German-based anti-corruption organisation, Transparency International, which first developed the concept in the 1990s.
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| dbo:abstract | An integrity pact is a multi-party agreement by a public body seeking to procure goods and services of significant value. As a tool for preventing corruption in public contracting, companies interested in bidding to supply the goods and services give a third party organisation, such as a civil society organisation, a role in monitoring compliance with the pact. The agreement includes a written commitment by all parties to respect specific integrity standards during the procurement process. It typically also includes a process for reporting concerns about corruption and fair competition. Some integrity pacts also include sanctions mechanisms. According to the European Commission, the objectives include: * Increase transparency, accountability and good governance in public contracting * Enhance trust in public authorities and contribute to their better reputation * Improve competition, promote cost efficiency and savings through better procurement Integrity pacts are promoted and supported by a German-based anti-corruption organisation, Transparency International, which first developed the concept in the 1990s. (en) |
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| rdfs:comment | An integrity pact is a multi-party agreement by a public body seeking to procure goods and services of significant value. As a tool for preventing corruption in public contracting, companies interested in bidding to supply the goods and services give a third party organisation, such as a civil society organisation, a role in monitoring compliance with the pact. According to the European Commission, the objectives include: Integrity pacts are promoted and supported by a German-based anti-corruption organisation, Transparency International, which first developed the concept in the 1990s. (en) |
| rdfs:label | Integrity pact (en) |
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