Preventing corruption and fraud “Corruption, the bane of public procurement” BO information, when combined with other datasets such as contracting and spending data, can also be used to analyse to what extent the implementation of a procurement policy has been successful. In all cases, BO data can be used to enhance information and help decision making to realise procurement policy goals. verifying eligibility of suppliers for preferential procurement to meet horizontal policy objectives.improving service delivery through increased competition and enhanced due diligence.preventing corruption and fraud by detecting actors (both buyers and sellers) trying to subvert existing legislation and the contracting procedure for personal gain.The BO data use cases for improving procurement directly can broadly be divided into three categories: ![]() Indirectly, BOT strengthens procurement on a systemic level. It can improve procurement directly by using BO data to enhance the information recorded by procurement systems about people and organisations, in order to help make decisions and conduct analysis. Use cases of beneficial ownership transparency in public procurementīOT can have both direct and indirect benefits for procurement. Joining us - what you could support as a partner.Why fund Open Ownership? Why we do the work we do.What is beneficial ownership transparency?.The Beneficial Ownership Leadership Group.Beneficial Ownership Visualisation System.Beneficial ownership disclosure workbook. ![]()
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