FINDING ANSWERS
When government awards billions of pesos in procurement contracts, what happens next may result in taxpayers’ money spent honestly and efficiently, or wasted in rigged bids, padded costs, and sham projects that drain public coffers.
Government spending through procurement lies at the heart of governance. The procurement process determines who builds the nation’s roads and bridges, supplies hospitals and schools, equips offices, delivers public services, etc.
The World Bank has identified corruption in public procurement as one of the highest impact areas of mis-governance. Globally, governments spend an average of 13 percent to 20 percent of GDP on public procurement.
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