Transparency in public procurement Essay Example | Topics and Well Written Essays - 1500 words

Transparency in public procurement - Essay ExampleIt is because of these lack of transparence in public procurement that decadence has acquired its definition in that it is defined as the use of public office for public gain, where this lack of transparency does not only contribute to the definition as there have been decomposition cases in the sequestered sector, as well. As such, the definition of corruption in public procurement has been perceived and surveyed by diametric agencies to look into the impacts. Transparency International states that bequestry is the most common form of corruption emanating from multinational companies that accordingly provide bribe money from the worlds richest nations in an attempt to clinch fights meant for public procurement. ... This way, Tabish says that the bribe money that rich corporations pay to receive contracts are usually then factored in the total appeal of the contract, which she perceives to mean that the contract or the entire project will cost more than the earlier mentioned impairment of service and product procurement. She continues to state that the consequence of the lack of transparency is usually more than the bribe genuine by corrupt individuals seeking to benefit themselves as it all trickles down to the same person that standard the bribe. This way, Tabish continues to highlight the price of lack of transparency and how it comes into being discarded by mentioning that cultural norms, ethics and function contribute greatly towards transparency or lack of it public procurement.3 As such, it is said that corruption or beach of transparency can be achieved or carried out at any stage in a procurement process meaning that there is not a single phase or project that is safe from corruption. Studies further indicate that lack of transparency was directly related to systems of functions that involve corruption and the ability to look into projects that have both quality and quantity at high levels.4 This was because, transparency to Tabish, is a clear and concise means to achieve a project free of irregularities at all phases, and hitherto exempt it from manifestation. A special reputation on E-governance portrays a number of practices, as being the outperform in ensuring transparency in procurement, where turning all systems to digital and internet based is the way to go. The report quotes Korea as an example of promoting transparency in procurement, where certain conditions must be met prior to a contract award to a company in all of its qualifications or lack of them