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Justice Department expands its procurement fraud strike force

Federal News Network

The majority of federal government procurement is not a set and attacked by bid rigging, price fixing and fraud schemes. And what the OECD tried to do is assess how much money is lost from bid rigging, price fixing and other collusive schemes at the outset from government spending. Collusion and so forth. Tom Temin Sure.

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Advancements in Transparency and Integrity through Blockchain in Public Procurements

Public Contracting Institute

In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. Integrity Provides an immutable record, reducing fraud and corruption. Efficiency Streamlines processes with smart contracts, reducing bureaucracy and paperwork.

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Addressing Challenges In Public Procurement: Overcoming Barriers to Efficiency And Compliance

Tracker Intelligence

Fraud and Corruption Risks Bid rigging, favouritism, and a lack of transparency in processes undermine public confidence and effectiveness. We integrate procurement tools and best practices to minimise the risk of fraud and actually aspire towards greater transparency.