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The UK has spent more than £2.5bn on services and equipment related to the Covid-19 pandemic, according to fresh analysis that raises concerns about “opaque” contracts around the world wasting money and putting lives at risk.
A report by the Open Contracting Partnership and Spend Network found governments had spent $130bn (£97bn) on pandemic-related contracts, including on PPE (personal protective equipment) and other medical supplies, out of an annual procurement spend of nearly $13tn.
But the two organisations, which have built a searchable database of international procurement contracts, warned that a lack of transparency and high-quality data about money spent with private firms meant huge sums could be wasted.
“Companies with no relevant experience were awarded huge contracts for medical equipment, without transparency or competition,” they said.
“Supplies failed to arrive or did not meet the required standards, leaving medical staff without critical resources and costing lives.”