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Concerns were raised over suspicious tendering practices such as short bidding periods, overly rigid specifications, and potential collusion. While open data is a vital first step, it is not the only important factor in combating corruption.
The importance and positive contribution of public procurement law to the adequate management of public funds may seem difficult to appreciate in ordinary times, and there are recurrent calls for a reduction of the administrative burden and bureaucracy related to procurement procedures, checks and balances.
2023) , the Supreme Court recognized that plaintiffs may bring a civil suit under the expansive Racketeer Influenced and Corrupt Organizations Act (RICO) for judgment-creditors’ illicit conduct and collusion (“racketeering” under the statute) to avoid payment of an arbitral award which has been recognized and enforced as a U.S.
New data science tools and important computational advances make it possible to exploit available big data and, therefore, transform auditing based on risk and make draft returns a reality. With imports, VAT, selective taxes, and income tax appear, and this is when a relevant share of revenue is obtained in open economies.
To that effect, it is important to identify an area of public sector digitalisation which is primarily or solely left to ‘regulation by contract’ through procurement—to isolate it from the interaction with other tools of digital regulation (such as data protection, or sectoral regulation).
It will most likely be delayed, but that is not very important in the long run—especially as the already accrued delays are the ones that pose a significant limitation on the adequate rollout of the PPDS (see below 6). The two bottom layers, and in particular the data layer, are the ones doing all the heavy lifting. prices) ’ (at 7, fn 17).
undisclosed relationships between parties, law firms or entities that may be seen as an exchange of “favours” or benefits), to acts of bribery and collusion. Corruption of arbitrators can take various forms, ranging from bias and conflicts of interest (e.g.
For instance, FAR includes a provision at 52.203-2, Certificate of Independent Price Determination, which ensures independent bids and prevents collusive pricing in government contracting. In this context, it is essential to be aware of the Cost Accounting Standards Board and its regulations.
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