New report puts spotlight global expenditure in public procurement
The headline figure is that only 3% of the yearly USD13 trillion is published openly, that is information about the actual contract after the tender has concluded. Somehow, I cannot say that I am surprised bearing in mind the focus on public procurement being on the actions leading up to the award and not what happens afterwards.
I find it impressive that this type of work is finally possible, even with significant caveats in terms of the data available and its reliability.
And as mentioned in the report, after all, only 2% of contracts are published with the Open Contracting Data Standard…