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).
Anti-Corruption Contractual Commitments: The commitments given by the relevant party in its Project Contract or Project Sub-contract in accordance with PACS Standard 4.
Anti-Corruption Obligations: These obligations comprise: (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 with another 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 paragraphs 1 and 2 of PACS Standard 1, to design and implement in relation to the Project.
Project Sub-contract: A contract between a Supplier and a Sub-supplier, or between a Sub-supplier and another Sub-supplier (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 with another Sub-supplier.
Note 1*: 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 the equivalent of US$1,000,000.
Note 2: In several places in PACS Standards 1 to 15, “[ ]” has been used, sometimes with figures inserted within the brackets. This means that the Project Owner should determine a reasonable figure to include. Where GIACC has inserted a figure, this is a suggestion only.
Updated on 1st November 2021