Managing risks in the public procurement of goods, services and infrastructure
Representing approximately 12% of GDP across OECD countries, public procurement is
an important pillar of public service delivery. However, successful public procurement
is threatened by risks in areas as diverse as compliance, sustainability, and operations.
Governments can address these challenges by identifying, assessing, treating, and
monitoring risks throughout the procurement process. To do so, they use general tools
such as risk registers and risk matrices, as well as more targeted measures aimed
at specific challenges, such as supply chain risks. The procurement of complex goods,
services and infrastructure involves different and often more consequential risks
linked to market structures, the size and length of contracts, and the interconnected
nature of decision making. In addressing this broad array of risks, the development
of a national risk management strategy is a crucial step to ensure a co-ordinated
and consistent approach.
Available from June 09, 2023
In series:OECD Public Governance Policy Papersview more titles