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SmallGovCon Week in Review: Jan. 28-Feb. 2, 2024

SmallGovCon

Government Software and Databases Agencies are losing out on software savings, GAO finds Government Contractors Agree to Pay $3.9

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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.

Collusion 108
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Advancements in Transparency and Integrity through Blockchain in Public Procurements

Public Contracting Institute

It does so by offering an immutable, transparent record of transactions, which helps to eliminate common issues such as bid rigging, kickbacks, and other forms of corruption. By recording each transaction on a distributed ledger, blockchain allows all authorized participants in the network to access the same information in real-time.