Remove Award Criteria Remove Budget Remove Capacity
article thumbnail

How Kazakhstan is combating non-competitive procurement

Open Contracting Partnership

The report suggests that these high rates of failure could be due to the fact that procuring entities could automatically revert to the single-source method without analyzing the reasons for such failure (a loophole closed by a legal amendment in 2018), as well as minimal use of non-price award criteria and the lack of life-cycle costing.

article thumbnail

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

Open Contracting Partnership

million (~US$24,000) being returned to the budget. million (~US$24,000) were returned to the budget. In late 2022, this question led them to look at value added tax (VAT), the second highest source of revenue for Kazakhstan’s budget. And the media outlet ProTenge has stopped suspicious purchases worth at least US$3 million.

article thumbnail

Six opportunities to promote resilience and decarbonization through fiscal policy

Inter-American Development Bank

All countries in the region have signed the Paris Agreement, which aims to increase countries’ resilience and adaptive capacity, as well as stabilize global warming below 2°C and as close to 1.5°C C as possible. This objective implies two major challenges for finance ministries.

Finance 52