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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. A fair and equitable procurement system prevents favoritism, promotes competition, and allows new entrants to participate.

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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 ”.