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Dealing With Corruption in Public Procurement

Aarti Maharaj | February 25, 2015

For many companies, getting a handle on public procurement corruption may seem like a daunting task. In many cases, some may try to gain a competitive advantage by paying a bribe or offering payoffs to receive special treatment that will guarantee a contract.

In an effort to help compliance officers and legal experts navigate through the muddy waters of public procurement, a recent Corporate Counsel article highlights four key areas that companies should focus on:

  • Engage with competitors: While this may seem like something out of the ordinary, integrity pacts provides a solid platform to drive transparent standards across all parties involved in a transaction. Governments play a crucial role in maintaining fair business practices and ensuring that compliance standards are met. In turn...
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