Corruption on construction projects is a complex problem that is estimated (Grant Thornton, 2013) to cost globally over $860 billion annually.
It may take the shape of bribery, extortion, fraud, deception, cartels, collusion, embezzlement, trading in influence, money laundering and equivalent criminal offences. It can take place during any phase of a project, including project identification, planning, financing, design, tender, execution, operation and maintenance. It may involve the government, project owner, funders, consultants, contractors, sub-contractors, suppliers, joint venture partners, and agents.
Using the Project Anti-Corruption System (PACS), MCE can help owners, contractors, EPCM’s and others wishing to implement an integrated and comprehensive system designed to assist in the prevention and detection of corruption on construction projects. Our area of speciality is particularly associated with pre-qualification, tendering and project execution phases.