The Board of Directors and members thereof may be held liable in the following instances:
- omission, abstention, negligence or any shortcoming in the discharge of their contract supervision duties, leading to harmful consequences for the company;
- actions in breach of the principles of free access to public procurement, equity in the treatment of applicants, transparency in procedures, fair pricing, and governance in the issuance, award, and execution of the company’s contracts.
Official text
Transcription: Spot-checked
In force from 12-06-2018
Source page 34
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