What is an Integrity Pact, Who appoints an Independent External Monitor

Question

Accepted Answer

Integrity Pact is a tool to prevent corruption in procurement contracts. Independent External Monitor is appointed by both parties involved.

Integrity Pact is a tool used in procurement contracts to prevent corruption by ensuring transparency and accountability.
It is a written agreement between the contracting authority and the bidders, committing them to refrain from bribery and collusion.
An Independent External Monitor is appointed by both parties, usually a respected individual or organization with expertise in anti-corruption measures.
The monitor oversees the implementation of the Integrity Pact and reports any violations or irregularities to the parties involved.
The monitor plays a crucial role in ensuring the integrity of the procurement process and maintaining trust between the parties.

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