Contractors urged to sign ‘integrity pacts’ | Inquirer Business
Close  

Contractors urged to sign ‘integrity pacts’

/ 12:12 AM November 18, 2011

A Washington-backed grant agency has asked contractors and suppliers to sign “integrity pacts” in relation to the conduct of projects under its $434-million facility, amid perceived proliferation of corrupt practices in public projects.

Ma. Victoria E. Añonuevo, managing director and chief executive of Millennium Challenge Account-Philippines Corp. (MCA-P), said in a statement that MCA-P and its partners had signed an “Integrity Pledge” as a commitment to ethical business practices and good corporate governance.

ADVERTISEMENT

“The pledge is a private sector-led effort to initiate controls to help curb corruption,” Añonuevo said.

Aside from MCA-P staff, other signatories are Budget Secretary Florencio B. Abad, Finance Secretary Cesar V. Purisima, Public Works Secretary Rogelio Singson and Internal Revenue Commissioner Kim Henares.

FEATURED STORIES

Añonuevo added that MCA-P also required all its contractors and sub-contractors to sign integrity pacts for “procedures related to the bidding and procurement of supplies, materials, equipment and construction.”

She said these steps were needed considering that the use of foreign aid in the Philippines has been rife with allegations of fraud and irregularities, resulting in the government suspending the projects or the foreign donors shelving their aid initiatives.

Añonuevo added that “in ensuring the judicious and transparent use” of the $434-million grant from the US government, MCA-P is partnering closely with local government leaders and civil society organizations.

Guarding against possible misdeeds “becomes daunting considering that the biggest project is the rehabilitation of a 222-kilometer road network and many others are infrastructure projects in six regions,” she added.

With a $214.4-million budget, the Secondary National Roads Development project will see the rehabilitation of a road network on Samar Island.

Another major project under MCA-P is the $120-million Kapit-Bisig Laban sa Kahirapan-Comprehensive and Integrated Delivery of Social Services.

A third project includes the Bureau of Internal Revenue’s revenue administration reform project and the strengthening of the Revenue Integrity Protection Service, the Department of Finance’s anti-graft unit.

Subscribe to Inquirer Business Newsletter
Read Next
Don't miss out on the latest news and information.

Subscribe to INQUIRER PLUS to get access to The Philippine Daily Inquirer & other 70+ titles, share up to 5 gadgets, listen to the news, download as early as 4am & share articles on social media. Call 896 6000.

TAGS: graft and corruption, infrastructure projects, integrity pact, Integrity Pledge, Philippines
For feedback, complaints, or inquiries, contact us.


© Copyright 1997-2021 INQUIRER.net | All Rights Reserved

We use cookies to ensure you get the best experience on our website. By continuing, you are agreeing to our use of cookies. To find out more, please click this link.