Understanding and Operationalizing Financial Accountability in Government Contracting Systems
Financial accountability in government contracts refers to the cost control in the proper use of financial resources, protection of assets against financial corruption, and transparent financial reporting and billing.
Over the past few decades, there has been a spike in research activity regarding government contracts (also known as public procurement) in the area of public administration and policy. Notably, despite such progress in research, what is commonly acknowledged in past and recent scholarship is that, as governments have increasingly relied on goods and services provided by private contractors over time, government contracts have been more associated with fraud, abuse of taxpayers’ funds, conflicts of interest, and general waste (Kim 2017; Prager 1994; Savas 2000; Van Slyke 2009). From a conventional (normative) standpoint, research dealing with transaction-cost theory...
- Girth AM (2012) A closer look at contract accountability: exploring the determinants of sanctions for unsatisfactory contract performance. J Public Adm Res Theory 23(3):1–32Google Scholar
- Savas ES (2000) Privatization and public-private partnerships. Seven Bridges Press, New YorkGoogle Scholar
- Van Slyke DM (2009) Collaboration and relational contracting. In: O’Leary R, Bingham LB (eds) The collaborative public manager: new ideas for the 21st century. Georgetown University Press, Washington, DC, pp 137–156Google Scholar