A Debarment
A Debarment means that the representative and/or a participating entity is debarred on an industry-wide basis (Multi-Development Bank) financed Operations from rendering services to the contractual parties.
Cross Debarment
These Multilateral Development Banks (MDBs) signed the "Agreement on Mutual Enforcement of Debarment Decisions" on 9 April 2010. The agreement for Cross Debarment is among the following Development Banks. Once a participating entity or an individual is Debarred by one, all other members within this agreement will automatically debar (Cross Debarment) the entity or individual.
Reasons for Cross Debarment
- Sanctions including Debarment are imposed on entities found to have participated in coercive, collusive, corrupt, fraudulent or obstructive practices under the Bank’s sanctions system or adopted under the Agreement for Mutual Enforcement of Debarment Decisions.
- These individuals and firms are therefore considered ineligible to participate in contracts financed or administered by the African Development Bank Group for the stipulated periods.
What are the sanctionable practices?
- Corrupt practice: the offering, giving, receiving, or soliciting, directly or indirectly, of anything of value to influence improperly the actions of another.
- Fraudulent practice: any act or omission, including a misrepresentation, that knowingly or recklessly misleads, or attempts to mislead, a party to obtain a financial or other benefit or to avoid an obligation.
- Collusive practice: an arrangement between two or more parties designed to achieve an improper purpose, including to influence improperly the actions of another party (e.g. leaking of bid information, rigged specifications).
- Coercive practice: impairing or harming, or threatening to impair or harm, directly or indirectly, any party or the property of the party to influence improperly the actions of a party.
Our Services as Burem
- Assisting MDB Debarred entities / individuals to be removed from the Debarment List
- Our milestones: Client to be debarred in 4 months by the Banks provided all necessary steps and support is given by the client