NEW DELHI: The Central Vigilance Commission (CVC) has made the recommendation for implementing the Integrity Pact (IP) in all public procurements by the various Ministries and the Departments. IP helps governments and companies to reduce the high costs and maintain quality control.
IP adoption creates public confidence and trust in the decision-making process.
In its order issued on September 14, 2021, the CVC said that in order to enhance the transparency and probity in public procurement, it has provided the Standard Operative Procedure which also envisages the appointment of an independent external monitor.
Source: IANS