Integrity Pacts

Integrity Pacts are agreements between public authorities and private companies aimed at ensuring transparency and fairness in government procurement processes. These pacts commit both parties to uphold ethical standards, prohibiting corruption and unethical behavior during bidding and contract execution. By fostering trust and accountability, Integrity Pacts help prevent fraud and ensure that public funds are used effectively. They often involve third-party monitoring, which enhances oversight and encourages compliance, ultimately contributing to better governance and public confidence in public sector projects.