Remove Bidding Remove Ethics Remove Public Bidding
article thumbnail

Key Principles of Public Procurement: Transparency, Value, and Fairness

Tracker Intelligence

Government expenditure through public procurement is essential since it ensures that there are contracts available to be bid in a fair, open, and competitive manner. Value for Money (VfM) in Public Procurement What Does Value for Money Mean in Public Procurement?

article thumbnail

The Third ICC Arbitration Conference for the Northeast of Brazil: Exploring the Region’s Full Potential

Kluwer Arbitration

He began his remarks by pointing out that “ success fees are not accepted everywhere ”, emphasizing the significance of local culture and local ethics in interpreting this concept. He emphasized: “ a dialogic understanding regarding the relationship between private individuals and the public administration ”.