Over the years, procurement monitors have been occupied with verifying the performance of contracts awarded for various projects across the country.
But the challenge has been to link available budget and procurement data to to the expected public service that contracts seeks to deliver.
The number of public contracts executed in each year is such that no one agency or unit can verify them all. It is therefore, imperative that data standards are integrated into the current practise of keeping records around public resource utilization and that, at each stage, the records can be linked to other stages and ultimately, to the resulting public infrastructure/service.
The survival and continual growth of businesses in the global economy is essential to poverty minimisation, sustaining the livelihoods of individuals and subsequently the growth of African economies as a whole.
As a result of its comprehensive mapping, OCDS can enable budget and procurement and contracting data to be linked to public services and, in that way, support the government in its attempt to discover red flags in the system.
The expansion of international flows of trade, finance, and information into an integrated global market, the prescription to the liberalization of national and global markets in the belief that free flows of trade, finance, and information will produce the best outcome for both economic growth and human welfare.
First, each contract (from conception to budget, contract, award and execution) is assigned a unique identifier.
Second, using a set of user-friendly visualization tools, comparisons can be made between budgets and eventual contract sums, contracts without prior budget allocations can be easily identified, the completion rates of various contractors can be seen etc.
The OCDS is premised on the fact that we can prevent some of the expensive corruption investigations and prosecutions as well as inefficiencies across the procurement value chain by deploying data standards that enable us link various data from the budget, to procurement and ultimately to public services in a timely way. At the moment, Budeshi has used datasets received from the Universal Basic Education Commission and the National Primary Health Care Development Agency to demonstrate the benefits of deploying the OCDS across the public services. Additionally, the Budeshi platform is being used to carry out advocacy to public institutions seeking to have Open contracting adopted across the public service in Nigeria and beyond. We welcome your support in making this a reality.