It’s all too common for companies to encounter
corruption during public procurement processes. In the EU alone, corrupt bidding processes have increased annual contract costs by US$5 billion. The effects can be disastrous, including exposing companies to serious risks. The Integrity Pact (IP) is a powerful tool developed by Transparency International to help governments, businesses and civil society fight corruption in public contracting. This publication looks specifically at how the IP tool can benefit businesses.
