Bill of Materials Transparency Act (Proposed): Difference between revisions
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''Proposed Law Mandating Public Disclosure of Project Itemization Prior to Contract Signing''. | ''Proposed Law Mandating Public Disclosure of Project Itemization Prior to Contract Signing''. | ||
In many government infrastructure projects, citizens, engineers, and watchdog groups remain unaware of the actual itemized cost breakdown until after a contract is already signed. This lack of early disclosure prevents public scrutiny, invites overpricing, and increases the risk of collusion and corruption. Transparency before contract signing is a safeguard against abuse. | |||
Revision as of 05:42, 17 May 2025
Proposed Law Mandating Public Disclosure of Project Itemization Prior to Contract Signing.
In many government infrastructure projects, citizens, engineers, and watchdog groups remain unaware of the actual itemized cost breakdown until after a contract is already signed. This lack of early disclosure prevents public scrutiny, invites overpricing, and increases the risk of collusion and corruption. Transparency before contract signing is a safeguard against abuse.