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How Tendering Frauds Are CommittedTendering fraud can be defined as dishonestly obtaining an advantage, avoiding and obligation or causing a loss to public property or various means during procurement process by public servants, contractors or any other person involved in the procurement. Definition
Procurement fraud can be defined as dishonestly obtaining an advantage, avoiding and obligation or causing a loss to public property or various means during procurement process by public servants, contractors or any other person involved in the procurement.
Procurement Fraud can be committed:
From Inside By Public Servants
From Outside By Contractors & Suppliers
By Collusion
Inside collusion By two or more Insiders
Outside collusion By Two or more contractors Cartels or collusion tendering
Mix collusion Inside and outside personals working together.
Distinction between fraud and error
The basic
distinction between fraud and error is that of intention. Any error is
unintentional, i.e. the person committing the error does not do so knowingly.
Errors are accidental and may arise due to negligence or a genuine
misunderstanding on the part of the person committing then. As opposed to
errors the fraud is intentional The person committing fraud does so knowingly,
willfully, and with the motive of gaining advantage or benefits by cheating or
causing loss or injury to another person or state Article Tags: Person Committing Source: Free Articles from ArticlesFactory.com
ABOUT THE AUTHORDr.Irfan Ahmad is the Chief Editor of www.tenderserviceonline.com and CEO Tender Service Pakistan.He has twenty years of experience in providing tender information services to the clients. He has written two books on tendering by the name of "Managing Tender Business" and "Combating Procurement Frauds"
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