Tendering fraud can be defined as dishonestly obtaining an advantage, avoiding and obligation or causing a loss to public property or various means during procurement process by public servants, contractors or any other person involved in the procurement.
Definition
Procurement fraud can be defined as dishonestly obtaining an advantage, avoiding and obligation or causing a loss to public property or various means during procurement process by public servants, contractors or any other person involved in the procurement.
Procurement Fraud can be committed:
From Inside
By Public Servants
From Outside
By Contractors & Suppliers
By Collusion
Inside collusion
By two or more Insiders
Outside collusion
By Two or more contractors
Cartels or collusion tendering
Mix collusion
Inside and outside personals working together.
Distinction between fraud and error
The basic distinction between fraud and error is that of intention. Any error is unintentional, i.e. the person committing the error does not do so knowingly. Errors are accidental and may arise due to negligence or a genuine misunderstanding on the part of the person committing then. As opposed to errors the fraud is intentional The person committing fraud does so knowingly, willfully, and with the motive of gaining advantage or benefits by cheating or causing loss or injury to another person or state, acting along or in the collusion with one and another.
The Slap That Transformed My Destiny
Discover how a single moment of unexpected confrontation can pivot a life towards success. This narrative explores the profound impact of a teacher's slap on a student, which became the catalyst for a remarkable transformation from obscurity to prominence.
Tendering Frauds In Financial Matters
Overcharging in cost type tender contracts refers to schemes by contractors to defraud the government by charging additional amount on cost-type contracts.
The Games Dishonest Tendering Companies Play
Its is clear from the above mentioned fraud plans that it is either a corrupt procurement personal or contractors or both who gets the cream, and the poor public sector is burdened with high priced low quality goods of services.
