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Government Contract and Procurement Transparency – Challenges and Solutions

 

January 16, 2014

Doug Hadden, VP Products

Government procurement is a powerful instrument for change. It’s how governments invest in growth and social inclusion. It’s where governments can stimulate economic sectors.

On the other hand…

Government procurement is a powerful instrument for ineffectiveness. Of closed systems that profit the few. An environment susceptible to corruption, particularly in infrastructure and construction. Of byzantine regulations that encourage inefficiency. Ripe with political interference.

The Open Contracting initiative promises to transform government procurement through transparency. And, an international data standard. What are the challenges to convincing governments to adopt any standard that is developed? How can these challenges be overcome?

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Doug Hadden

Doug Hadden

Executive Vice President, Innovation at FreeBalance
Doug is responsible for identifying new global markets, new technologies and trends, and new and enhanced internal processes. Doug leads a cross-functional international team that is responsible for developing product prototypes and innovative go-to-market strategies.

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