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Open for Business: Colombia’s Data-Driven Procurement Reforms Increase Competition
Open contracting helps Colombian governments boost participation & competitive tendering in a market where direct awards are common Urgency for reforms came from high-profile graft scandals & popular vote against corruption. A public, fast & accurate monitoring system creates incentives for procuring entities to make contracts more competitive. Data shows entities using competitive procurement methods beat their participation targets, many grew their supplier pools.
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Additional Information
| Field | Value |
|---|---|
| Last updated | September 16, 2020 |
| Created | September 16, 2020 |
| Format | HTML |
| License | Creative Commons Attribution |
| Name | Open for Business: Colombia’s Data-Driven Procurement Reforms Increase Competition |
| Description |
Open contracting helps Colombian governments boost participation & competitive tendering in a market where direct awards are common Urgency for reforms came from high-profile graft scandals & popular vote against corruption. A public, fast & accurate monitoring system creates incentives for procuring entities to make contracts more competitive. Data shows entities using competitive procurement methods beat their participation targets, many grew their supplier pools. |
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