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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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UN’s first ever resolution on public procurement: what makes it strong and what’s still missing

Open Contracting Partnership

At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.

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OCP in 2025: our plans for impact, inclusion, innovation plus a significant birthday

Open Contracting Partnership

Government accountability, climate resilience and supporting inclusive economies remain top priorities for leaders around the globe, and stronger public procurement will play a critical role in delivering on them. February: The UKs new public procurement regime goes live.

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How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

The achievement Kazakhstan has seen a dramatic decline in the use of single-source procurement in recent years. In the general public procurement market (valued at around US$19 billion annually), direct awards have dropped from 81% of the value of all procedures in 2017 to 23.5%

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The case for public procurement as a development finance priority at UN’s 4th Financing for Development Conference

Open Contracting Partnership

A critical finding and recommendation of the World Bank report is to strengthen the transparency and efficiency of public spending and procurement, including through open data and digital procurement reforms. on medical procurement overall, and enabling the real-time monitoring of $60 million worth of medical contracts.

Finance 57
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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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The 3 revolutions of public procurement in Africa

Open Contracting Partnership

Public procurement is like the heartbeat of public spending in most of Africa – by some estimates, it accounts for 17% of the GDP of African Countries. Procurement was long seen as a clerical administrative function, rather than a strategic lever. This was not always the case.