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By GCN Staff

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World Bank launches global contracts platform

The World Bank recently launched the Open Government Contracts Platform, an open data tool designed to help governments and businesses search, manage and monitor government contracts and procurement opportunities globally.

Developed in partnership with government business intelligence vendor Govini and the larger Open Contracting community, a pilot platform currently displays 44,000 real-time contract records totaling $7.3 billion from India, a country with a high number of English, machine-readable government contracts.

The platform is accessible for public use and free of charge, the World Bank said in its announcement. Users can find information on opportunities, clients, competitors, governance and industries. 

According to Govini, the platform will also include industry coverage in the U.S. federal, state and local markets as well as foreign governments. Both raw datasets and search results are fully exportable in CSV format and reusable by others.

With a more comprehensive view of the global marketplace, government agencies will be mouse clicks away from identifying the right vendors, the Bank said.

Posted by GCN Staff on Sep 17, 2014 at 11:35 AM


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