Regions

China’s 4th Offer Still Unacceptable to Government Procurement Agreement Members

The biggest challenges that government procurement agencies face at any level are corruption and discrimination. On a global level, transparency and fairness standards are even harder to agree upon. The World Trade Organization created the first Agreement on Government Procurement in 1981 to make a set of globally accepted rules for international procurement.

Procurement Integrity Violations Cost Contractor $60,000

Procurement Integrity Violations Cost Contractor $60,000

Questionable activities were commonplace in the procurement industry long before the Procurement Integrity Act passed in the late 80s. From small-scale construction projects to multimillion dollar research and development proposals, there have been cases of espionage, bid tampering, and similar crimes. Penalties are harsh at any level, but contractors and procurement professionals working with federal …

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