How to use the Internet to end corrupt deals between companies and governments

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“Every year governments worldwide spend more than $9.5 trillion on public goods and services, but finding out who won those contracts, why and whether they deliver as promised is largely invisible. Enter the Open Contracting Data Standard (OCDS)…The concept is simple. Under Open Contracting, the government publishes online the projects it is putting out for bid and the terms; companies submit bids online; the winning contract is published including the reasons why; and then citizens can monitor performance according to the terms of the contract.”

Read the story by Stella Dawson, Thomson Reuters Foundation.

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