GARDEN REACH SHIPBUILDERS & ENGINEERS LIMITED
(A GOVERNMENT OF INDIA UNDERTAKING)
43/46, Garden Reach Road
Kolkata – 700024

                                                                        GRSE ADOPTS INTEGRITY PACT

                               The Integrity Pact envisages an agreement between the prospective vendor/ bidder

                               and the buyer committing the persons/ officials of both the parties not to exercise any

                               corrupt  influence on any aspect  of  the  contract.  Only those vendors/ bidders, who have

                               entered into such an  Integrity  Pact   with   the   buyer GRSE,   would  be  competent   to

                               participate in bidding with GRSE,wherever the value of each contract exceeds Rs.100

                               Crores.

                               This Pact is a preliminary qualification for entering into any contract with GRSE.  The

                               Pact will be effective from the stage of Invitation of Bids till the complete execution of the

                               Contract.

                              The Central Vigilance Commission (CVC) has approved Shri Sakti Kumar Banerjee

                              and Shri  Prabir  Roy as   Independent    External Monitors    (IEM)    to  oversee the

                              implementation of the Integrity Pact.

>>> Integrity Pact with Vendors <<<