US Public Procurement
There is a small risk of corruption in US public procurement (
GCR 2015-2016
). Fourteen percent of surveyed US companies experienced fraud in the form of bribery and corruption (
pwc 2015
). Publicised cases include a
former Boeing Procurement Officer and two sub-contractors who were found guilty of a
bribery
/
kickback
scheme involving Boeing military aircraft parts, as well as structuring currency transactions to conceal receipts of the cash bribes (
FBI
, Oct. 2014). The
US public procurement is well regulated by the
Federal Acquisition Regulation
that aims to contain corruption risks, and applies to all executive and military departments, and to state-owned companies. It contains provisions on
conflicts of interest
and increases the use of suspension and debarment on companies guilty of
fraud
and
breach of contract (
Practical Law
, Mar. 2013).
Business opportunities, regulations, resources and training are available on
Acquisition Central
. State agencies collect and report data on public procurement through the
Federal Procurement Data System - Next Generation (FPDS-NG)
. Companies are recommended to use a specialised
public procurement due diligence tool
to evaluate and avoid corruption risks related to procurement in the US.