This document describes the terms of the agreement between the African Development Bank Group, the Asian Development Bank, the European Bank for Reconstruction and Development, the Inter-American Development Bank Group and the World Bank Group on mutual recognition and implementation of the mechanisms and decisions of each participating institution on exclusion. In accordance with the sanction procedures of the IDB Group, the Sanctions Officer and the Sanctions Committee may impose any sanction it deems appropriate in the circumstances, including, but not limited to, reprimands, exclusions, conditional non-exclusion and conditions applicable to future contracts. Excluded companies or individuals are not allowed to be awarded for the specified periods and to participate in an IDF-funded contract. Ineligibility may extend to any undertaking or person which directly or indirectly controls the excluded undertaking or to any undertaking which directly or indirectly controls the excluded undertaking. In the case of an excluded person, ineligibility may extend to any enterprise that directly or indirectly controls the excluded person. Agreement on the Mutual Application of The Exclusion Mechanisms of Each Institution by the African Development Bank Group, the ADB, the European Bank for Reconstruction and Development, the Inter-American Development Group and the World Bank Group The companies and individuals listed below have been punished for committing fraudulent practices, corrupt, collusive, forced or re-enforced (practices jointly prohibited) against the Violation of IDB Group`s sanction procedures and anti-corruption guidelines. Sanctions are intended to prevent and discourage prohibited practices in activities funded by the IDB Group. Such sanctions are imposed as a result of: PLEASE NOTE: This site works best when you use the Chrome browser. To report a problem, please contact firstname.lastname@example.org. . . .