No Conflict of Interest Declaration

No Conflict of Interest Declaration

(Printed on Company Letterhead. Ensures the bidding process is fair and transparent.)

To,
[Insert Department/Buyer Name]

Sub: Declaration of No Conflict of Interest
Tender Reference No: [Insert Tender Number]

Dear Sir/Madam,

I/We, the authorized signatory of M/s [Insert Company Name], hereby solemnly declare that:

• We do not have any conflict of interest in accordance with the tender conditions that would give us an unfair advantage over other bidders.
• None of our Directors, Partners, or Key Management Personnel are related to any employee of [Insert Buyer Department Name] who is directly or indirectly involved in the tendering or evaluation process.
• We are not participating in the same tender through any other sister concern, joint venture, or subsidiary company to manipulate the bidding process.
• If any conflict of interest is discovered at a later stage, we accept that our bid may be rejected or our contract terminated without prejudice to any other remedy available to the buyer.

Date: [Insert Date]
Authorized Signatory: (Signature & Company Seal)