Integrity pact

According to the U4 Corruption Glossary, the Integrity Pact is an agreement intended to prevent corruption in public contracting. One of the parties represents a central, local or municipal government, a government's subdivision or even a state-owned enterprise (the Authority). The other party is usually a private company interested in obtaining the contract, or in charge of implementing it. In the processes related to the public project, such as bidding, contracting and implementing, both the administration and the company pledge not to bribe or take bribes, and agree to punishment should they break this pledge.