Buyers Corruption Price 
Open Contracting Partnership
SEPTEMBER 9, 2024
billion as having three or more red flags for corruption risks and conflicts of interest (see Annex 3 of the report for 14 red flags they used). Here is Colombia setting up an open framework to better connect buyers and sellers in an orderly and transparent manner. The market is disrupted, buyers and suppliers urgently need to connect.
Open Contracting Partnership
OCTOBER 30, 2023
Challenge: Despite ongoing government reforms, corruption and inefficient spending remains pervasive in Kazakhstan’s public procurement. Finally, the Anti-Corruption Agency is proactively supporting the development of civic monitoring and has agreed to cooperate with the civil society coalition to monitor procurement.
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Kluwer Arbitration
FEBRUARY 3, 2024
Two weeks later, the Buyer and Grain Power LLC (Guarantor) – another Ukrainian agricultural company – entered into an additional agreement to the Contract under the terms as per which the Guarantor assumed all obligations of the Buyer arising from the Contract (Additional Agreement).
How to Crack a Nut
NOVEMBER 17, 2023
However, as the pervasive abuses of direct awards under the emergency conditions generated by the covid pandemic evidenced in virtually all jurisdictions, dispensing with those requirements, checks and balances comes with a very high price tag for taxpayers in terms of corruption, favouritism, and wastage of public funds.
Kluwer Arbitration
AUGUST 12, 2024
In this case, Mundra, India, was the discharge port, such that the price included transportation to and unloading at Mundra. The Goods arrived at Mundra in June 2017, but the Buyers failed to make payment prior to arrival. The Court dismissed the appeal, holding that the Buyers had not shown the Tribunal had erred in law.
Kluwer Arbitration
MARCH 1, 2024
In one case , the sole arbitrator ruled that, under the CISG and the UNIDROIT Principles, a buyer could not offset damages for late delivery against the purchase price.
Open Contracting Partnership
MARCH 5, 2024
For example, with our support, the Dominican Republic’s procurement agency monitors all transactions in the country’s electronic procurement system in real-time using 21 automated corruption red flag risk indicators. This is all the more urgent when we consider the huge scale up that we need in green financing to achieve our net zero goals.
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