News: Event: Emerging Frontiers of Extractive Industry Transparency: Procurement and Sub-Contracting
April 18, 2019.
As the extractives industries feel yet more pressure to make payments made
to governments public and easier to access, procurement joins a list of
non-fiscal impacts where stakeholders are also demanding more information.
• Jeff Geipel, Managing Director, Mining Shared Value venture of Engineers Without Borders Canada
• Anders Pedersen, Senior Open Data Officer, Natural Resource Governance Institute
• Gosia Nowakowska-Miller, Local Supplier Development and Community Investment Specialist, International Finance Corporation
Introduction by Director of Publish What You Pay-US, Filmona Hailemichael
Join us for drinks, snacks and discussion at the OpenGov Hub as we explore a growing frontier in the transparency movement for extractive industries: procurement. Mine sites typically spend more on procurement of goods and services than taxes, payments to employees, and community investment combined. A single large scale mine site will spend hundreds of millions of dollars each year. This is a huge potential lever for economic development but also a major corruption risk.
Jeff Geipel will present Mining Shared Value’s work promoting transparency in procurement through the Mining Local Procurement Reporting Mechanism (LPRM). Anders Pedersen will discuss NRGI’s work to help deter corruption in sub-contracting, and Gosia Nowakowska-Miller will discuss transparency in procurement practices and in IFC investments.