The pact essentially envisages an agreement between the prospective vendors/bidders and the buyer, committing the persons/officials of both sides, not to resort to any corrupt practices in any aspect/stage of the contract. Only those vendors/bidders, who commit themselves to such a Pact with the buyer, would be considered competent to participate in the bidding process. In other words, entering into this Pact would be a preliminary qualification.

For all procurement transactions/Contracts above Rs. 1 Crore BEML Ltd. enters into a Pre-contract Integrity Pact Agreement which is monitored by Independent External Monitors (IEMs).

>> Integrity Pact with Vendors