- Volume 15 (2020), Issue 1
- Vol. 15 (2020), No. 1
- >
- Pages 13 - 23
- pp. 13 - 23
Competition in British Overseas Territories’ Public Procurement
Going for Gold or a Race to the Bottom?
British Overseas Territories are the newcomers to public procurement. Competition has been placed at the forefront of their frameworks. But is it competition in practice or just in name? This article argues that competition is a legal principle that does not translate into practice, though performance varies across countries. Results are structured on the basis of a five variable index comprising publicity of relevant legal sources, accessibility of open tenders, publication of contract awards, local preferences and ethics in Government. This is the first scholarly work that looks at BOTs public procurement as a group, focusing on Bermuda, the Cayman Islands and Turks and Caicos Islands.
Keywords: Competition; Caribbean; Small Jurisdictions; Ethics; Local Preferences; Publicity; Transparency.