Document Type
Article
Source of Publication
Risk Governance and Control Financial Markets and Institutions
Publication Date
2-19-2026
Abstract
This paper seeks to explore internal and emerging limitations set within the public procurement system. It suggests institutional structures to oversee such a process, more than just technical fixes (Enayati & Özaltin, 2024). It also aims to move beyond the technologies themselves by bringing governance, standards, and principles into public procurement. The present paper is descriptive-analytic and was conducted based on a review of literature and research reports. It also employs a qualitative interpretive methodology for analysis of international organization reports and identifies various types of public procurements, such as procedural and contextual systemic risks. The paper draws a number of inferences, and the most important among them is that risks are not single but multidimensional. This means that we cannot tackle these risks effectively simply by tackling technical reform. The paper promotes the principles of transparency, integrity, accountability, and the rule of law as core requirements and benchmarks for the reduction of risks in public procurement.
DOI Link
ISSN
Publisher
Virtus Interpress
Volume
16
Issue
1
First Page
126
Last Page
137
Disciplines
Law
Keywords
Accountability, Governance, Public Procurement, Risk Management
Scopus ID
Creative Commons License
This work is licensed under a Creative Commons Attribution 4.0 International License.
Recommended Citation
Aboelazm, Karem Sayed; Raafat, Raghda; Tawakol, Fady; and Dganni, Khalid Mohamed, "Mitigating Procurement Risks: A Framework for Good Governance in Public Contracting" (2026). All Works. 7911.
https://zuscholars.zu.ac.ae/works/7911
Indexed in Scopus
yes
Open Access
yes
Open Access Type
Gold: This publication is openly available in an open access journal/series