Transparency International, together with CoST (the Infrastructure Transparency Initiative), Open Contracting Partnership (OCP), Hivos and Article19, have launched the Clean Contracting Manifesto. “The whole lifecycle of public procurement must be implemented to the highest possible standards of transparency, accountability and efficiency and in the public interest,” it says. The huge sums of money spent each year through public contracts, government discretion and corporate influence make public contracting particularly vulnerable to corruption. By 2030, it says, close to US$6 trillion could be lost annually in the construction industry alone through corruption, mismanagement and inefficiency. TI is calling on governments to adopt the manifesto – read more about it here.
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