The Extent Of Single Sourcing And Attendant Corruption Risk

Topics:
Sourcing
Tags:
Business Operations,
Corruption,
International Business,
Procurement,
Purchasing & Procurement,
Sourcing,
University Of Nottingham
Source:
University of Nottingham

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Overview: Single-source, or noncompetitive, defence procurement is a widespread phenomenon that is prevalent in both developing countries and in advanced arms exporting countries. The usual competitive bidding process - which assists in both value-for-money evaluation and in lowering corruption risk ­ is often circumvented with regards to defence. Whilst there can be good reasons for single sourcing, countries that claim to employ single-source only in rare instances often have high percentages of non competitive defence procurement. This is of particular concern as defence is one of the most corruption-prone international business sectors, and procurement the most common means through which this corruption is manifested.

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Format: PDF | Size: 293KB | Date: Jun 2006 | Pages: 16

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