(1) Whoever offers, gives, solicits or accepts any form of benefit in order to influence the action of a public employee during the award or execution of a contract shall be guilty of “corruption”.
(2) Whoever deforms or distorts facts in order to influence the award or execution of public contracts shall be indulging in “fraudulent schemes”.
(3) Two or more bidders who connive to artificially keep bid prices at a level not commensurate with those that would result from competition shall be guilty of ‘collusive practices’.
(4) Whoever harms persons or damages their property or makes threats against them, directly or indirectly, in order to influence their actions during the award or execution of a contract shall be indulging in ‘coercive practices’.
(5) Whoever commits acts aimed at destroying, falsifying, altering or concealing evidence on which an investigation is based or any misrepresentation made to investigators, or any threat, harassment, or intimidation against a person for purposes of 73 preventing him from revealing information relating to an investigation or the continuation thereof, shall be indulging in ‘‘obstructive practices’’.
SUB-SECTION III
INSIDER TRADING AND CONFLICTS OF INTEREST
Official text
Transcription: Spot-checked
In force from 20-06-2018
Source page 72
The document's transcription was spot-checked against the supplied source; this does not confirm a line-by-line review of every provision.
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