Region: Global
Country: Global / Non-Specific
Keywords: PPP Data **, Knowledge Lab ***
Document(s):
Document Summary:
This article is extracted from Handshake Issue #17: Data.
Document Details:
The benefits of open and participatory public procurement are increasingly being recognized by international bodies such as the G20, the Organization for Economic Co-operation and Development, and the multilateral development banks. Value for money, more competition, and better goods and services for citizens all result from increased disclosure of contract data. Greater openness is also an effective tool to fight fraud and corruption.
However, because public-private partnerships (PPPs) are planned over a longer-term timeframe and involve a larger number of groups, implementing greater levels of openness in disclosure is complicated. This complexity can be a challenge to good design. Finding a structured and transparent approach to managing PPP contract data is fundamental for a project’s success and uptake in the community.
Updated: April 12, 2022