With the approval of Board, Integrity Pact has been made integral part of all Tenders / Contracts / Expression of Interest / Pre-Qualification requirements / Long term agreements valuing 100 Crore & above, w.e.f. 1st November 2010. It has been made mandatory for all such bidder (s) / contractor (s) to enter into Integrity Pact with EPI, otherwise their bids shall be summarily rejected.
EPI will forward proforma of the Integrity Pact alongwith the Tender documents. The bidder / contractor shall not change the contents of the Integrity Pact. If the bidder / contractor is a partnership or a consortium, the Integrity Pact shall be signed by all the Partners or Consortium members.
For monitoring of the Integrity Pact, and with the approval of CVC, EPI has appointed the following competent and credible Independent External Monitors (IEMs). The task of the IEMs shall be to review independently and objectively whether and to what extent the parties comply with the obligations under this agreement.