A Fidelity Affidavit for a project is a legal document that is used to affirm the fidelity of an individual or entity involved in a project. Fidelity, in this context, refers to the faithfulness, loyalty, and honesty with which the individual or entity will carry out their duties and responsibilities related to the project.
The purpose of a Fidelity Affidavit is to provide assurance to the project stakeholders, such as project sponsors, clients, or regulatory authorities, that the individual or entity named in the affidavit will act in good faith and with integrity while performing their duties within the project.
In the International Tenders, sometimes the foreign Bidder/contractor is asked to sign such an Affidavit form
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