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Tighter rules on e-auctions take effect.
Byline: Wichit Chantanusornsiri
Feb. 1--New standards for electronic auctions for government procurement contracts will allow the public to criticise contract terms to help improve transparency and governance, according to Comptroller-General Boonsak Jiampreecha.
The new standards, set under the PM's Office and taking effect today, are aimed at closing loopholes and opportunities for bidders or contracting agencies to collude in defrauding the public.
"I believe that the new standards are better than the old ones, although there is no 100 percent guarantee against collusion," Mr Boonsak said.
The new standards require that terms of ...
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Source: HighBeam Research, Tighter rules on e-auctions take effect.