Podcast
Questions and Answers
Which sector is particularly vulnerable to corruption activities in the procurement process?
Which sector is particularly vulnerable to corruption activities in the procurement process?
- All sectors
- Public sector (correct)
- Private sector
- Non-profit sector
What did the UK's National Audit Office report find about the procurement activities during the COVID-19 pandemic?
What did the UK's National Audit Office report find about the procurement activities during the COVID-19 pandemic?
- There was a lack of transparency and adequate documentation (correct)
- The suppliers were chosen based on merit
- The procurement process was effective
- There were no conflicts of interest when awarding contracts
What determines the financial thresholds for procuring products and services in the Public Sector?
What determines the financial thresholds for procuring products and services in the Public Sector?
- Government policy
- Contract value (correct)
- Shareholder power
- Transparency
Which stakeholders should be involved in procurement decisions according to the text?
Which stakeholders should be involved in procurement decisions according to the text?
Who should be kept informed of what is happening according to the text?
Who should be kept informed of what is happening according to the text?
What does plotting the stakeholders help us identify according to the text?
What does plotting the stakeholders help us identify according to the text?
Study Notes
Procurement and Corruption
- The public sector is particularly vulnerable to corruption activities in the procurement process.
Procurement during the COVID-19 Pandemic
- The UK's National Audit Office reported that procurement activities during the COVID-19 pandemic were marked by a lack of transparency, competition, and proper documentation.
Financial Thresholds for Procurement
- The financial thresholds for procuring products and services in the public sector are determined by the EU's Procurement Directive.
Stakeholders in Procurement Decisions
- Stakeholders who should be involved in procurement decisions include:
- Procurement professionals
- End-users
- Budget holders
- Technical experts
Stakeholder Communication
- Stakeholders who should be kept informed of what is happening include:
- Procurement professionals
- End-users
- Budget holders
- Technical experts
Stakeholder Analysis
- Plotting the stakeholders helps us identify their:
- Interest in the procurement process
- Level of influence on the procurement process
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Description
Test your knowledge on corruption risks in public sector procurement and the importance of regulation and government policy in mitigating them. Explore the challenges faced at each stage of the Procurement Cycle and learn about best practices to ensure transparency and accountability.
