15 Mar, 2023
According to recent estimates from the Open Contracting Partnership and Spend Network, governments globally spend USD 13 trillion a year on public contracts for goods, services, and works The OECD estimates that on average, public procurement constitutes around 12%–20% of a country’s GDP Yet even though it is one of a government’s activities most vulnerable to waste, fraud, and corruption, less than 3% of procurement spending is published openly.
This paper reviews the available empirical evidence on the effects of open contracting on a range of outcomes, including cost savings and efficiency, reducing corruption, improving service delivery, and increasing social inclusion.
Public procurement counts for 14% of the EU’s GDP. Businesses, especially SMEs,seek lower barriers to participati...Learn more
This document can function as a roadmap for procurement agencies to create mechanisms aimed at analyzing informatio...Learn more