Five tips: Curbing corruption in public procurement

Paul Snell is managing editor at Supply Management
posted by Paul Snell
10 February 2015

Basic principles can mitigate the threat posed by corruption to public procurement processes

Global public procurement spend is estimated to be worth $9.5 trillion, but according to Transparency International (TI) a fifth to a quarter of this is lost to corruption each year. The NGO’s recently published Guidelines on Public Procurement suggest five steps for governments to address the risk.

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