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Advancements in Transparency and Integrity through Blockchain in Public Procurements

Public Contracting Institute

In the era of digital transformation, blockchain technology emerges as a beacon of hope for enhancing transparency and integrity in public procurements. Key Takeaways Aspect Impact of Blockchain Transparency Ensures real-time visibility and traceability of transactions.

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UN’s first ever resolution on public procurement: what makes it strong and what’s still missing

Open Contracting Partnership

At 2 am on Saturday morning, the day after the 10th Conference of the States Parties to the UN Convention against Corruption (UNCAC) was meant to end in Atlanta, exhausted negotiators finally adopted a resolution on “ Promoting transparency and integrity in public procurement in support of the 2030 Agenda for Sustainable Development ”.

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Transparency  in Public Procurement & How To Get it.

Spend Network

Ensuring transparency in government procurement is not only a matter of ethical governance but also a catalyst for efficiency, fair competition, and economic growth. What exactly does transparency do to ensure these things?

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European Court of Auditors publishes report on public procurement

Telles.eu

The European Court of Auditors published yesterday its report on EU public procurement between 2011 and 2021 , looking into the competition for public contracts covered by EU rules. The problem is how to go forward from here but the time to start thinking is now. Its deadline was 18 April 2019.

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Why Malaysia needs a new public procurement law

Open Contracting Partnership

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. But at the heart of this transformation lies the principle of transparency.

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European Commission transforms public procurement across Europe with AWS and NTT Data

AWS Public Sector

Public procurement—the process where public authorities like government departments or local councils purchase goods or services from companies—is a vital economic driver in Europe, accounting for more than 13 percent of the gross domestic product (GDP).

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Effectiveness and Efficiency in Public Procurement: Key Pillars for Optimal Resource Management

The Procurement ClassRoom

Introduction In public procurement , effectiveness and efficiency are crucial for achieving optimal results using public resources judiciously. The interplay between these principles ensures the responsible and transparent management of public funds, crucial for meeting community needs while optimizing economic benefits.