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Technology for Earth, Energy for Human

Integrity Pact

BID Information Board / KEPCO E&C, It's Technology! KEPCO Engineering & Construction Company, Inc

Every bidder participating in any bids invited by KEPCO E&C and/or every supplier/contractor in business transaction with KEPCO E&C including no-bid contract shall accept the terms and conditions on Contractual Integrity and submit Integrity Pact.

Contractual Integrity

  1. Contractor shall not offer any bribes, undue benefits including money, other articles and treats, either directly or indirectly to any officials concerned, in the process of bid, award of contract, execution or performance of contract
  2. Contractor shall not engage in any unfair practices that undermine fair bid competition, such as bid- rigging or collusion to render the award of contract to a particular participant.
  3. In the event of violation of the above provisions, KEPCO E&C shall be entitled to :
    • terminate or cancel the contract
    • restrain the Contractor from participating in any bids invited by KEPCO E&C for the period of two(2) years from the execution date of restrictions on submission of bids, and Contractor shall not contest or file any civil or criminal claims against KEPCO E&C’s measures of exclusion from bid or termination of contract.

Integrity Pact

In connection with participating in any bids invited by KEPCO E&C and/or in business transaction with KEPCO E&C including no-bid contract, we hereby promise to execute this integrity pact as follows:

  • We shall not offer any bribes, undue benefits including money, other articles and treats, either directly or indirectly to any officials concerned, in the process of bid, award of contract, execution or performance of contract.
  • We shall not engage in any unfair practices that undermine fair bid competition, such as bid-rigging or collusion to render the award of contract to a particular participant.

In violation of the above provisions, we may face

  1. cancellation of qualification to participate in bid
  2. disqualification of a preferred negotiable bidder,
  3. cancellation or termination of contract, and
  4. restriction on bid participation eligibility.

We will fully comply with this Integrity Pact. and will not contest or file any civil, or criminal claims against KEPCO E&C’s measures above.

(Date)
(Pledger : Contractor's Name)
(Authorized Signature)