SCLCI's Early Editions: "The Power of Anti-Corruption in Procurement"
Ensuring transparency in public procurement is essential for supply chain management and the integrity of due process.
Corrupt Practices are Corrosive to Societal Progress.
In a world where trust in institutions is constantly being challenged, the fight against corruption has become more crucial than ever.
One area where corruption can have far-reaching consequences is in public procurement. Today, we'll delve into the realm of anti-corruption procurement, exploring its significance and shedding light on how it can aid in building a more transparent and accountable world.
A corrupt practice is the offering, giving, receiving, or soliciting, directly or indirectly, anything of value to influence improperly the actions of another party.
The World Bank’s Anti-Corruption Guidelines and Sanctions Reform (pdf)
Understanding Anti-Corrupt Procurement:
Anti-corrupt procurement refers to the process of ensuring integrity, fairness, and transparency in government procurement practices. It aims to prevent corruption, fraud, and the misuse of public funds by establishing robust mechanisms and regulations.
Eliminating opportunities for corruption to take hold and adopting a stance of anti-corruption in procurement, not only protects public finances but also forges the essential trust required in government institutions for functional administration of societal governance.
Process Integrity: Procurement
What is Procurement Process Integrity?
Maintaining the methods for the procurement of goods and services that are;
1. Fair
2. Open
3. Transparent
Fair = Contract Awards
Open = To Competition
Transparent = Inscrutable
Get-The-Guide:
U4 Issue October 2011No 10 “The Basics of Integrity in Procurement”