Preventing Corruption in Public Procurement - OECD

Preventing Corruption in Public Procurement This work is published under the responsibility of the Secretary-General of the OECD. The opinions expressed and arguments employed herein do not necessarily reflect the official views of OECD member countries. This document and any map included herein are without prejudice to the status of or sovereignty over any territory, to the delimitation of international frontiers and boundaries and to the name of any territory, city or area. The statistical data for Israel are supplied by and under the responsibility of the relevant Israeli authorities. The use of such data by the OECD is without prejudice to the status of the Golan Heights, East Jerusalem and Israeli settlements in the West Bank under the terms of international law. Photo credit: cover 3 TABLE OF CONTENTS Public Procurement : A HIGH-RISK AREA FOR Corruption .

corruption due to its hidden nature, it has been estimated that between 10-30% of the investment in publicly funded construction projectsSource may be lost through mismanagement and corruption (COST, 2012), and estimates of 20-30% of project value lost through corruption are widespread (Wells, 2014; Stansbury, 2005).

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