Mitigating procurement risks: A framework for good governance in public contracting

This paper seeks to explore internal and emerging limitations set within the public procurement system. It suggests institutional structures to oversee such a process, more than just technical fixes (Enayati & Özaltin, 2024). It also aims to move beyond the technologies themselves by bringing governance, standards, and principles into public procurement. The present paper is descriptive-analytic and was conducted based on a review of literature and research reports. It also employs a qualitative interpretive methodology for analysis of international organization reports and identifies various types of public procurements, such as procedural and contextual systemic risks. The paper draws a number of inferences, and the most important among them is that risks are not single but multidimensional. This means that we cannot tackle these risks effectively simply by tackling technical reform. The paper promotes the principles of transparency, integrity, accountability, and the rule of law as core requirements and benchmarks for the reduction of risks in public procurement.