Why was Integrity Pact developed by Transparency International?

The Integrity Pact (IP) was developed by Transparency International (TI) with the aim to prevent corruption in public contracting. It is a written agreement between a Government or a Government department and all bidders, to refrain from bribery and collusion for a public contract. It contains rights and obligations to the effect that neither side will pay, offer, and demand or accept bribes; collude with competitors to obtain the contract; or engage in such abuses while carrying out the contract. The IP also introduces a monitoring system that provides for independent oversight and accountability of the public contracting process. Bidders are required to disclose all commissions and similar expenses paid by them to anyone in connection with the contract.