Remove Accountability Remove Buyers Remove Public Procurement
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Smart Public Procurement for Better Public Spending in Latin America and the Caribbean

Inter-American Development Bank

Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM).

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Public procurement (entry for an Encyclopaedia)

How to Crack a Nut

I was invited to provide an entry on ‘public procurement’ for the forthcoming Elgar Encyclopedia of European Law co-edited by Andrea Biondi and Oana Stefan. things going on in procurement. Public Procurement I. Below is my draft entry with perhaps an eclectic choice of content.

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In Kazakhstan, opening up procurement boosts public oversight and prevents millions in wasteful spending

Open Contracting Partnership

Challenge: Despite ongoing government reforms, corruption and inefficient spending remains pervasive in Kazakhstan’s public procurement. And two-thirds of public spending is conducted through an opaque quasi-governmental sector. Public procurement is a huge field for the work of NGOs.

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Three ways World Bank procurement can drive collaboration for the SDGs

Open Contracting Partnership

Improving public procurement, which accounts for one in every three dollars spent by governments, is one of the core ways countries can do more with the same – or less. As theOpen Contracting Partnership, we support transformational procurement reforms in over 50 countries.

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Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. Having a solid understanding of public procurement principles enables procurement professionals and suppliers to confidently navigate public sector procurement.

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Was UK’s Covid PPE procurement even worse than we thought? New analysis raises more red flags

Open Contracting Partnership

Here is Colombia setting up an open framework to better connect buyers and sellers in an orderly and transparent manner. Meanwhile, Germany used buyers lists with specified maximum prices as another effective tool. The market is disrupted, buyers and suppliers urgently need to connect.

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The four key drivers that can enable better IT procurement

Open Contracting Partnership

More often than not, public procurement of technology is viewed as non-transparent, uncompetitive, poorly planned, inefficient, costly, and having high failure rates. Solution: Open procurement encourages collaboration with external experts, leveraging public-private partnerships or industry consultations.