An investor's guide to the sector and its regulations.
Our probity and procurement team has worked with numerous government departments and agencies on a wide range of sensitive major procurement projects.
Our probity services include preparing, overseeing adherence to and maintaining probity plans; probity checks and probity briefings; overseeing and advising on procurement and related processes and documentation to ensure compliance; dealing with specific probity issues as they arise; advising on communications to industry, agencies and ministers; preparing probity reports on procurement and related processes; and final probity signoff.
We provide up front advice to minimise the risk of probity issues arising, and develop practical solutions if they do. Our aim is to ensure that clients are protected — by being able to demonstrate how their processes comply with legislation and policy, and are fair, consistent and ethical.
Our extensive knowledge of the government procurement frameworks, including the Commonwealth Procurement Rules and supporting policy guidance, means we are ideally positioned to partner with government at all levels to maintain the highest standards of probity.
A report issued by the NSW Independent Commission Against Corruption outlines 11 corruption prevention recommendations, which government agencies should consider when undertaking their own procurement reviews. Because of their importance and broad application, this alert presents ICAC's recommendations in full.
On 31 December 2012, the China International Economic and Trade Arbitration Commission (CIETAC), a foreign-related arbitration commission set up by the China Council for the Promotion of International Trade (also known as the China Chamber of International Commerce) (CCPIT), released its Announcement on Issues Concerning CIETAC Shanghai Sub-Commission and CIETAC South China Sub-Commission" (the Latest Announcement). This is the latest development in a dispute, which has been on foot since April 2012, between CIETAC, the Shanghai Sub-Commission of CIETAC (CIETAC Shanghai), and the Shenzhen Court of International Arbitration (SCIA) (the CIETAC Dispute). SCIA was known as the South China Sub-Commission of CIETAC before 22 October 2012.