AAI in pact to ensure transparency in deals

New Delhi: The Airports Authority of India (AAI) has signed an MoU with Transparency International-India (TII) to ensure that Rs 2,000 crore it will be spending this fiscal and an additional Rs 12,000 crore in the 11th Plan period for building new infrastructure is well spent.
AAI chairman K Ramalingam signed the pact recently with TII chairman Admiral R H Tahiliani in the presence of aviation secretary Ashok Chawla for implementation of integrity pact (IP). The IP involves a voluntary agreement between the bidder/vendor and AAI for abstaining from bribery or engaging in any type of malpractices including formation of cartel. It requires disclosure of any undue payments made for gaining the bid or executing the contract.
Any violation of the provisions of the IP has got serious implications.
22/02/08 Times of India

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Categories: airports Feb 2008