The challenge.
An independent , global non-profit public charity that brings open data and open government together to ensure public money is spent openly, were looking for research partner to help to quantify the value of global government procurement for a landmark piece of work.
Our solution.
We worked with the organisation as their data partner, quantifying the value of the market by collecting publicly available contracting records. As there was only sufficient detail to calculate annual spending for records that represent just 3% of the total market’s value, the rest we had to estimate through statistical modelling. We gathered the procurement spend from sources such as the World Bank, International Monetary Fund, Organisation for Economic Co-operation and Development and government sources then gathered a number of national metrics tracked and maintained by the World Bank such as GDP, GNI, military spend, tax revenue, total debt service, Statistical Capacity score, and Human Capital Index . We then modelled the figures, giving us country by country estimates.
The outcome.
The creation of the value of global government procurement research is used in government and business, and stands as the most comprehensive analysis of the size of public procurement to date.
With 200m+ documents to hand, we can provide new levels of insight into this $13tn market for goods and services, providing leading research into Public Sector procurement.
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