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Since launching their platform in 2020, Diegues and Blanco have built a set of digital tools and data analytics services that have bridged the gap between more than 250 private sector users and publicprocurement buyers in six countries across Latin America. According to the World Bank, public contracts account for 15% of global GDP.
They leveraged Paraguay’s high quality, publicly accessible open contracting data to measure the existing participation of these smaller businesses and to understand their challenges in working with government buyers. Fewer than 300 MSMEs participate in a procurement market worth almost US$3 billion annually.
Public contracts matter, he says: “The government allocates 32% of the country’s budget towards goods, services, and public works, to secure the rights and enhance the quality of life for citizens. Corruption in publicprocurement makes us poorer and takes our rights away.”
Solution: TI Ukraine created and has maintained the free BI Prozorro procurement analytics module for more than eight years, empowering all stakeholders to analyze data from Ukraine’s publicprocurementsystem.
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