Researching the public procurement system: An analysis of unscrupulous suppliers

Когденко, В Г

doi:10.24891/ea.19.3.430

Cited by 4 publications

(1 citation statement)

References 6 publications

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“…Prequalification of providers allows the entity to generate a shortlist of bidders who will provide the required items or services. According to Kogdenko (2020), prequalification may be based on selection by industry affiliation; form of ownership; legal status; affiliation of participants; degree of competition; and corporate, financial, market and social reputation of suppliers. The prequalification process rectifies the maximum suitable applicants, affirming their willingness to take part in the tendering process.…”

Section: Prequalificationmentioning

confidence: 99%

The Process of Contract Compliance: A Public Procurement Perspective

Nsereko

Tait

Oosthuizen

2023

SABR

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Purpose/Objectives: The purpose of this study was to determine the ideal contract compliance process in Uganda from a state department perspective. Design/Methodology/Approach: In conducting this study, the interpretivist approach using the qualitative methodology was employed. Telephonic interviews and focus group discussions via the Zoom online platform with semi-structured interviews were conducted among 29 procurement officers, heads of finance departments, heads of procurement departments, auditors and accounting officers. The interviews explored matters concerning what is regarded as the ideal contract compliance process. Findings: The findings indicate that the ideal contract compliance involves the following nine stages: understanding the law; procurement planning; requisitioning; establishing funds availability for the items procured; sourcing providers; contract awarding; appointing contract managers; monitoring deliveries; and payment. Practical Implications: Studies such as the current one widen the management scope and suggest that state departments should read the mind of society and continuously engage with them; make SMART plans and budgets; streamline processes; involve technical people; legally assess the contract; and follow the existing laws. Originality/Value: The cost of contract non-compliance is high and could lead to missed deadlines; delays in executing contracts; litigation and even cancellation of contracts. This could result in a lack of transparency and accountability; poor performance; inefficiency; and poor resource usage. To prevent these negative impacts, state departments could add policy recommendations to implement an effective contract compliance process.

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Section: Prequalificationmentioning

confidence: 99%

The Process of Contract Compliance: A Public Procurement Perspective

Nsereko

Tait

Oosthuizen

2023

SABR

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Researching the public procurement system: An analysis of winning organizations

Когденко

Sanzharov

2020

EATP

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Subject. The article deals with the analysis of suppliers in the public procurement system based on reasonable prequalification parameters. Objectives. The aim is to test the hypothesis about strong reputation characteristics of the winners in the public procurement system and develop a methodology for assessing the reputation of suppliers for prequalification purposes. Methods. We employ general scientific principles and methods of research, like abstraction, generalization of approaches used by domestic and foreign authors for prequalification and assessment of reputation of public procurement participants. Results. To test the hypothesis, we calculated four groups of indicators on corporate, financial, market, and social components of reputation. The methodology was tested on the data obtained from SPARK-Interfax and SPARK-Marketing information resources. Conclusions. The study revealed that not all reputational characteristics of public procurement winners can be regarded as high level. In terms of the corporate component, it is the low level of share capital, indicating the mistrust on the part of owners and their reluctance to invest in the business, and the low percentage of non-current assets. In terms of the market component, it is a low sales growth rate, as well as low return on sales. As to the financial component, it is a low capitalization of winners, low share of long-term debt capital and low credit limit. With respect to the social component, it is a below-average tax burden.

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Studying the specifics of manipulation of financial statements in organizations of the construction sector

Когденко

Zavalishina

2020

EATP

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Subject. We identify the signs of manipulating the financial statements in the construction sector organizations. Objectives. We focus on developing the analytical procedures to detect the signs of financial statements manipulation, namely, the so-called window dressing. Methods. The methodological basis rests on general scientific principles and methods of research, like abstraction, generalization of approaches of domestic and foreign authors to the detection of manipulation of reporting, and statistical methods of information processing. Results. We developed a classification of methods for manipulation of unsound improvement of financial statements, assessed the likelihood of misstatement of financial statements, identified the elements of poor quality items, proposed a method to detect the manipulation of reporting, based on the comparison of substandard financial statement items with reliable items and/or non-financial indicators. We tested the methodology on the data of enterprises, operating in the construction sector. Conclusions. The study found that a likely manipulator is, usually, a micro-enterprise or a small company that does not have a credit limit, has significant relative performance of assets and liabilities of low quality, while showing high productivity and high return on assets at the average level of capital/labor ratio, and characterized by low investment and financial activity.

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Researching the public procurement system: An analysis of unscrupulous suppliers

Cited by 4 publications

References 6 publications

The Process of Contract Compliance: A Public Procurement Perspective

The Process of Contract Compliance: A Public Procurement Perspective

Researching the public procurement system: An analysis of winning organizations

Studying the specifics of manipulation of financial statements in organizations of the construction sector

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