Innovative Methods for Predicting Fraud and Corruption

Félix Javier López-Iturriaga (), Iván Pastor Sanz () and Elena Temiño Santamaría ()
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Félix Javier López-Iturriaga: University of Valladolid
Iván Pastor Sanz: University of Valladolid
Elena Temiño Santamaría: University of Burgos

Chapter Chapter 4 in Fraud and Corruption in EU Funding, 2022, pp 125-173 from Palgrave Macmillan

Abstract: Abstract Within the framework of European Union, the corruption problem generates economic losses every year that slow down the continent´s development. The public procurement procedure is one of the sectors affected by this phenomenon of corruption, and the European Union is working to implement mechanisms that prevent and avoid fraudulent behaviour. In this sense, the institution has decided to replace the classic “lowest price” award criterion with the currently in force “most economically advantageous offer” or MEAT. This study seeks to identify red flags, that is, fraud risk indicators, relating them to the different award criteria used in the process. The results shown on the European maps show that Denmark is vulnerable to the red flag of excessive duration, while Spain show risks in terms of the final value of contract. Ultimately, the behaviour of each country is different in public procurement procedures.

Keywords: Corruption; European Union; Public procurement; Award criteria; Red flags (search for similar items in EconPapers)
Date: 2022
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Persistent link: https://EconPapers.repec.org/RePEc:pal:pmschp:978-3-031-19051-3_4

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DOI: 10.1007/978-3-031-19051-3_4

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