As countries build back from the economic crisis, high-value Public-Private Partnership (PPP) infrastructure contracts may be increasingly adopted to fill vital infrastructure needs. Indeed, last month the G7 Summit Statement highlighted the role of private sector capital to do so. Such investment with benefits such as no upfront payment may be particularly appealing at this
Tomorrow marks Open Data Day, an annual celebration of open data globally. In the spirit of the Day, we reflect on how the Open Contracting for Infrastructure Data Standard (OC4IDS) is helping CoST members to move towards more effective infrastructure project monitoring. In Honduras, procuring entities publishing data on the SISOCS and SISOCS APP platforms must
As 2020 draws to a close, we reflect on what has been a tumultuous year – but one in which we have also seen renewed calls for social justice and the desire to ‘’build back better’’ after the life-changing events of recent months. CoST teams globally have worked to hold governments to account as the
Vinay Sharma, Global Director of the World Bank’s Governance Global Practice In his opening remarks for the World Bank's session at the International Anti-Corruption Conference (IACC), Vinay Sharma, the Global Director of the World Bank’s Governance Global Practice, told the audience that ‘’e-procurement systems have the potential to be transformational in their ability
In Honduras and Panama, governments are taking steps to institutionalise the CoST approach in recognition of the role that transparency, open data and citizen engagement play in public infrastructure investment. As both programmes have matured – CoST Honduras was established six years ago and CoST Panama three - a familiar pattern has emerged: governments have
The devastation caused by corruption is most acutely felt by the world’s poorest and vulnerable. It increases costs, reduces access to vital services, and erodes trust in government. In its report launched today, the World Bank highlights positive examples from CoST and others on how countries are progressing in the fight to #EndCorruption. Enhancing government
