Procurement Contracts Public Procurement Transparency 
Inter-American Development Bank
OCTOBER 31, 2024
Public procurement spending accounted for an average of 30% of total public spending across the region [1] and as much as 74% of that spending is wasted due to inefficiencies [2] , according to data from FISLAC , an analytics platform developed by the IDB’s Fiscal Management Division (FMM). What is Smart Public Procurement?
Tracker Intelligence
FEBRUARY 12, 2025
The Public Procurement Glossary Public procurement can feel like a maze of unfamiliar terms and endless abbreviations. Thats exactly why this Public procurement glossary existsto make things simple. What Is Public Procurement? Youre not alone! It is like shopping but on a bigger scale.
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Tracker Intelligence
SEPTEMBER 6, 2022
When the government purchases goods and services from private businesses, the process is known as public procurement. Public procurement matters because it boosts growth, investment, and jobs. In short, public procurement allows local businesses to serve their communities and taxpayers well.
The Procurement School
NOVEMBER 16, 2023
There are several guidelines, directives and documentation that outline ethical behaviour for the public sector. For example, the Government of Canada provides a Guide on Ethical Behaviour for Procurement-Contracts and Contracting (3), and a Directive on Ethical Behaviour (4) specifically directed at the Government’s shared services.
The Procurement School
JANUARY 22, 2024
Author: Graham Allen It is often said, “… working in public procurement is akin to being in a fish bowl with the cat watching.” This is an indication of the level of transparency and accountability required by public procurement professionals. It can lead to a bid dispute or the procurement award being overturned.
Curbing Corruption in Government Contracting
OCTOBER 5, 2020
GTI-R/2020:02, Budapest: Government Transparency Institute. Public procurement constitutes about one-third of government spending or 13 trillion USD per year. Corruption in public procurement can lead to: 1) Overpriced public procurement contracts contributing to larger budget deficits.
The Procurement School
JUNE 27, 2024
Introduction: In the realm of Canadian public sector procurement, understanding the fundamental principles of contract law is essential for ensuring fair, transparent, and effective practices. Practical Application: When crafting procurement contracts, it is crucial to be thorough and precise.
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