Open Contracting Partnership
OCTOBER 3, 2023
Among the reform areas identified was the country’s public procurement system. The strategy outlined in the NACP aimed to establish a dedicated public procurement law and revamp existing procurement practices. However, the real challenge lies in translating these principles into effective practices.
The Procurement ClassRoom
JUNE 2, 2024
These documents communicate the intent of the procurement entity to enter into contracts with suppliers, contractors, or consultants for the provision of goods , services , or works. They form the basis for expected offers or bids by providing the market with a clear idea of what is required by the procuring entity.
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Open Contracting Partnership
NOVEMBER 16, 2023
The public procurement agency improved access to information about upcoming opportunities for women-led and small businesses and conducted training to improve their capacity to respond. But “gathering information on women businesses already engaged in the state’s contracting was a challenge,” says Egghead.
Open Contracting Partnership
OCTOBER 4, 2023
Thanks to the platform, the credit application process is streamlined since part of the necessary information is automatically prefilled from open data. In this way, CREDERE contributes to mitigating the risk that small companies face when applying for loans, providing banks with more information about them and their public contracts.
Open Contracting Partnership
NOVEMBER 7, 2023
Public procurement is like the heartbeat of public spending in most of Africa – by some estimates, it accounts for 17% of the GDP of African Countries. And despite the reforms aimed at improving accountability, perceptions of corruption in public procurement remained high.
Open Contracting Partnership
SEPTEMBER 3, 2024
Their business facilitates access to procurement information, providing powerful analytics that help companies to search for new opportunities, prepare bids, and evaluate their performance on past tenders. The system works by collecting public procurement data and structuring it in the Open Contracting Data Standard (OCDS) format.
Curbing Corruption in Government Contracting
APRIL 15, 2020
In India, according to the Ministry of Finance General Financial Rules (2017), all procuring authorities are responsible and accountable for ensuring transparency, fairness, equality, competition, and appeal rights in contracting. Collect information on more details of the tender process and in standardised formats (e.g.,
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