Independent review raises concerns about contracts awarded to McKinsey consulting company

  • 📰 globeandmail
  • ⏱ Reading Time:
  • 40 sec. here
  • 13 min. at publisher
  • 📊 Quality Score:
  • News: 57%
  • Publisher: 92%

Politics News

Mckinsey,Report,Government

The report’s authors raise concerns about what is described as the failure of departments to establish the estimated procurement costs in advance of discussions with McKinsey

Monday’s report by the Office of the Procurement Ombudsman says McKinsey was awarded contracts with a total value of $117-million between 2011 to 2023, with the value of contracts significantly increasing between 2019 and 2022.

Overall, the varying processes for awarding these contracts challenge the ability of government procurement practices to stand the test of public scrutiny, the report said. Recommendations in the report include greater efforts to review decisions to pursue non-competitive procurement strategies. New York-based McKinsey has long been associated with the current federal Liberal government. Dominic Barton was the global managing partner of McKinsey from 2009 to 2018. In 2016 and 2017, he acted simultaneously as a volunteer chair of an influential advisory committee on economic growth to then-finance-minister Bill Morneau. Mr.

“We remain proud of the work we do on behalf of the Government of Canada and the programs which we have strengthened through our independent analyses.”

We have summarized this news so that you can read it quickly. If you are interested in the news, you can read the full text here. Read more:

 /  🏆 5. in SG
 

Thank you for your comment. Your comment will be published after being reviewed.
Please try again later.

Singapore Singapore Latest News, Singapore Singapore Headlines