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Raytheon to Pay $950 Million in Major FCA and FCPA Case Aided by Whistleblower

Whistleblower Network News

authorities announced major settlements with defense contractor RTX (formerly known as Raytheon Technologies Corporation) over allegations that the company violated both the Foreign Corrupt Practices Act (FCPA) and False Claims Act (FCA). This is the second largest government procurement fraud recovery under the Act according to the DOJ.

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Updating the UNCITRAL Model Procurement Law for “Green Procurement”

Public Procurement Intl

Around the world, governments are embracing “green procurement” – environmentally sustainable strategies to reduce global greenhouse gas emissions and other forms of pollution. A ” catalogue ” of green procurement strategies in the European Union and the United States, prepared by the European Commission and the Office of the U.S.

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A New Era of Procurement in Europe: Time for Bold Change

Open Contracting Partnership

Last week in Rome, we brought together over 100 leaders from 26 European governments , EU institutions, global organizations like the World Bank, OECD, EBRD, and UNOPS, civil society, and the private sector for the 3rd International Open and Sustainable Public Procurement Conference 2024. This trend started long before Covid.

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2023 Year in Review: A Transformative Expedition of Arbitration in Africa

Kluwer Arbitration

The substantial award at issue is of a particularly high value and fraud and corruption elements arise in both the procurement of the underlying contracts and also the awards themselves. These rules replace the previous CRCICA Arbitration Rules 2011. Additional 2023 year in review posts are available here.

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Measuring the benefits of open contracting: Case studies on Mexico, Paraguay, and Slovakia

Curbing Corruption in Government Contracting

Enhancing the transparency of government in general and of public procurement processes in particular has been increasingly on the agenda of governments, civil societies and businesses as evidenced by initiatives such as the Open Government Partnership which has seen 70 OGP members making 189 open contracting commitments by March 2019 [1].

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