PACS STANDARDS:

Definitions

The PACS Standards Definitions forms part of GIACC’s Project Anti-Corruption System (PACS), which comprises 15 PACS Standards (see links at foot of this webpage). 

[NOTE:  This webpage and the webpages on PACS Standards 1 to 15 are being updated between 1st and 30th September 2021, during which time the page content may not be complete, and there may be inconsistencies on these pages.]

Anti-Corruption Obligations:  include (1) relevant anti-corruption laws and regulations, (2) the Project Procedures (PACS Standard 1), (3) anti-corruption contractual commitments (PACS Standard 4), and (4) the Project Code of Conduct (PACS Standard 8).

Major Project Contract:  A Project Contract with a contract value in excess of the equivalent of US$[1,000,000]*.

Major Project Sub-contract:  A Project Sub-contract with a contract value in excess of the equivalent of US$[1,000,000]*.

Major Supplier:  A Supplier which enters into a Major Project Contract with the Project Owner.

Major Sub-supplier:  A Sub-supplier which enters into a Major Project Sub-Contract with a Major Supplier or a Major Sub-supplier.

Project:  The infrastructure project which is planned to be implemented or which is being implemented.

Project Code of Conduct:  The code of conduct applicable to the Project referred to in PACS Standard 8.

Project Contract:  A contract between the Project Owner and a Supplier in relation to the Project.

Project Owner:  The body or organisation which owns the Project.

Project Procedures:  Anti-corruption procedures which the Project Owner is required, under PACS Standard 1, to design and implement in relation to the Project in order: (1) to give effect to the PACS Standards and relevant anti-corruption laws and regulations, and (2) to effectively manage the corruption risks in relation to the Project.

Project Sub-contract:  A contract between a Supplier and a Sub-supplier, or between a Sub-supplier and a sub-sub-supplier, in relation to the Project.

Supplier:  A supplier, contractor, consultant, funder, agent or other organisation which enters into a Project Contract with the Project Owner.

Sub-supplier:  A supplier, contractor, consultant, funder, agent or other organisation which enters into a Project Sub-Contract with a Supplier or a Sub-supplier.

* Note:  The Project Owner should establish a reasonable value threshold at which a Project Contract or Sub-contract should be deemed “Major”.  GIACC has suggested a figure of $1,000,000.

Updated on 16th September 2021

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