6.1

To reduce possible disputes arising from the signing of contracts between OCs and suppliers/contractors within a very short period of time after the passing of resolutions on certain major projects, if such procurement is a type-2 high value procurement or large-scale maintenance procurement, the MC or responsible person should consider, having regard to the circumstances, signing the contract with suppliers/contractors at least one month after the passing of the relevant resolution at the owners’ meeting.

 

6.2

The MC and responsible person for the procurement are advised to include ethical commitment clauses in the contract. The MC and responsible person may refer to the sample ethical commitment clauses in contracts in Appendix 10 of the “Corruption Prevention Guide for Property Management Companies” issued by the ICAC.