Theft, fraud and corruption in public and private sector procurement extend well beyond the financial loss; it affects an organization’s reputation and credibility and can hamper and delay implementation of critically needed programs and projects. Corruption increases cost and ultimately reduces competitiveness. Very often organizations are caught trying to stop the provable “horse that has already bolted the stable” This five-day Course in the Prevention and Detection of Corruption and Procurement Fraud provides participants with the requisite knowledge and skills to identify fraud and corruption, and to put mechanisms in place to prevent it from occurring, in the procurement and contracting of goods and services
The Role of Purchasing
Stages of the Purchasing process
The Impact of e-purchasing & internal relationship
Communications-relationship with suppliers
Common Red Flags of Fraud and Corruption in Procurement
Complaints from bidders
Multiple contracts below procurement thresholds
Unusual bid patterns
Seemingly inflated agent fees
Suspicious bidder
lowest bidder not selected
Repeat awards to same contractor
changes in contract terms and value
Multiple contract change orders
Poor quality works/services
Legal obligations
Setting up a systems of safeguard
The Symptoms
E-Procurement
Procurement Act
Code of Conduct
Procurement Audits
Separation of Authority
Whistle Blowing
A strategic approach to procurement fraud
The key risks and how to mitigate them
The local government environment
Procurement fraud review checklist hat to do if fraud is suspected or detected
Further sources of information
Have a clear understanding of the various fraud schemes that can be perpetrated in procurement and contracting processes
Identify and clarify the various common and statutory law principles and definitions that are relevant to procurement and contracting;
Identify the fraud risks in procurement and contracting processes;
Detect red flags that might be indicative of fraud and corruption in procurement and contracting processes
Advice on effective proactive preventive measures aimed at limiting fraud and related offences.
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