Please provide an overview of the benefits of open contracting (e.g. financial, reduced corruption, increased service delivery, etc.), highlighting the evidence base and research gaps in this area? Could you also provide an overview of open contracting current approaches and lessons learnt with a special focus on our three priority sectors (extractive industry, infrastructure and forestry) including gaps and shortcomings?
The concept of open contracting is emerging as a strategy to increase contract transparency and monitoring, with major expected benefits in terms of quality of governance, better value for money, reduced corruption, increased service delivery and better development outcomes.
Chêne, M. The benefits of open contracting. U4 Anti-Corruption Resource Centre, CMI, Bergen, Norway (2012) 10 pp. [U4 Expert Answer 328]