Ideas to Action:

Independent research for global prosperity

Working Papers

Publishing Construction Contracts as a Tool for Efficiency and Good Governance - Working Paper 272

11/21/11
Download PDF
Share

Construction is a vital part of development, but it often falls prey to poor governance and corruption that misdirect funds, escalate costs, and delay projects. Making the details of construction contracts public is one proven way to help citizens get what they need and what they are paying for.

Publishing government contracts would provide a large stock of public intellectual capital which should reduce the legal costs of contracting and help spread the lessons from failed approaches. The approach is feasible: some jurisdictions have already introduced it.