Graft watchdog advises against awarding ‘mega projects’ without bidding
The anti-corruption watchdog has advised the government to reverse changes brought to the public finance regulations last year that allowed large-scale projects to be awarded without a competitive bidding process.
26 Jun 2016, 9:00 AM
The anti-corruption watchdog has advised the government to reverse changes brought to the public finance regulations last year that allowed large-scale projects to be awarded without a competitive bidding process.
The cabinet or its economic council was authorised in May 2015 to award ‘mega projects’ and projects carried out with concessional loans or foreign assistance without approval from the tender evaluation board.
In a paper shared with the government and made public on Thursday, the Anti-Corruption Commission said the changes “[leads to] extreme increases in the price of goods and services sought by the state, loss of transparency, loss of competitiveness, and paves the way for corruption.”
The new rules gave “absolute power” to the cabinet to award projects.
Become a member
Get full access to our archive and personalise your experience.
Already a member?
Discussion
No comments yet. Be the first to share your thoughts!
No comments yet. Be the first to join the conversation!
Join the Conversation
Sign in to share your thoughts under an alias and take part in the discussion. Independent journalism thrives on open, respectful debate — your voice matters.
