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Sometimes federal procurements don’t go according to the rules. That’s what the Justice Department’s Procurement Collusion Strike Force tries to discover and prosecute. I mean, the federal procurement system in the United States is in many ways the gold standard for the world. Is it mostly whistleblowers?
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In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. By leveraging blockchain’s capabilities, these entities can significantly mitigate corruption risks, streamline operations, and foster a more transparent procurement environment.
In its Judgment of 4 October 2012 in case C‑629/11 P Evropaïki Dynamiki v Commission (ESP-ISEP) , the Court of Justice has issued another interesting decision on what should be considered sufficient debriefing of disappointed bidders in public procurement procedures. 1) (‘the Financial Regulation’). 114) (‘Directive 2004/18’).
Public procurement plays a significant role in economic and social growth by assuring that governments deliver vital services and infrastructure to their societies. This article will focus on tackling challenges in the public procurement process and suggests practical solutions for these challenges.
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