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An integrity pact is a multi-party agreement by a public body seeking to procure goods and services of significant value. As a tool for preventing corruption in public contracting, companies interested in bidding to supply the goods and services give a third party organisation, such as a civil society organisation, a role in monitoring compliance with the pact.
A corporate integrity agreement (CIA) is a document outlining the obligations that a company involved in health care in the United States makes with a federal government agency or a state government as part of a civil settlement.
Two years later on December 28, 1933, cigar makers and manufacturers came to an agreement of sorts in which, according to the Wall Street Journal, "A pact was signed by cigar manufacturers and workers banning lockout and strikes for three years. A wage scale agreement is awaiting adoption of a code for the industry". [15]
Taking the form of an interstate compact, the agreement would go into effect among participating states only after they collectively represent an absolute majority of votes (currently at least 270) in the Electoral College. Once in effect, in each presidential election the participating states would award all of their electoral votes to the ...
Pacta sunt servanda [1] ("agreements must be kept.") is a brocard and a fundamental principle of law which holds that treaties or contracts are binding upon the parties that entered into the treaty or contract. [2] It is customary international law. [3]
Tennessee and Northeast Bancorp as stating that any agreement between two or more states that "cover[s] all stipulations affecting the conduct or claims of the parties", prohibits members from "modify[ing] or repeal[ing] [the agreement] unilaterally", and requires "'reciprocation' of mutual obligations" constitutes an interstate compact.
The term "pre-pack sale" has been defined by the Association of Business Recovery Professionals as "an arrangement under which the sale of all or part of a company’s business or assets is negotiated with a purchaser prior to the appointment of an administrator, and the administrator effects the sale immediately on, or shortly after, his appointment". [1]
The Pandemic Response Accountability Committee (PRAC) is an independent oversight committee within the Council of the Inspectors General on Integrity and Efficiency, created by the Coronavirus Aid, Relief, and Economic Security (CARES) Act of 2020 to ensure that the $2.2 trillion of the CARES act, plus 5 other pandemic-related pieces of legislation totaling over $5 trillion in government funds ...
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