mrozo@worldbank.org WHY FOCUS ON PUBLIC CONTRACTING? EFFECTIVE PUBLIC INVESTMENT AND FINANCIAL MANAGEMENT Open Contracting WHAT IS OPEN CONTRACTING? OPEN CONTRACTING PARTNERSHIP Global Efforts Global Principles Open Data Standard Evidence Base Communications and advocacy Knowledge Exchange FEATURES AT COUNTRY LEVEL Multi-stake holder collaboration Constructive Engagement Disclosure of contracting data Capacity Building Monitoring and Reporting Institutional Mechanisms for Feedback How can Open Contracting improve financial management of public investment? 57 TRILLION* dollars of Public Investment in Infrastructure between
2013-2030
*Estimate by McKinsey 16.6 TRILLION IN ROADS PUBLIC INVESTMENT IN INFRASTRUCTURE AFGHANISTAN Through our partner Integrity Action Integrity Watch Afghanistan 281 Monitored Infrastructure Projects 83% fix rate 845 monitors Vital road in the Herat Province that connects Herat to Iran and serves 35.000 people. - Before: Extremely bad quality and none compliance - After: Road being rebuilt according to terms of contract Open Contracting help face challenges like Fiduciary risk management Keeping within budget On-time delivery Compliance with specifications Beneficiaries satisfaction SOME ILLUSTRATIVE EXAMPLES mrozo@worldbank.org