Govt planning price secrecy for World Cup tenders

- Monday, June 20, 2011

Govt planning price secrecy for World Cup tenders

Brazil's lower house has approved a provisory measure to omit disclosing the price of tenders on infrastructure projects aimed at preparing the country for the 2014 World Cup, news service Agência Estado reported.

President Dilma Rousseff has defended the measure, saying it aims to bring down prices and restrict the formation of cartels.

Although the companies competing in auctions will be unaware of the prices, budgets will be open to controlling entities such as federal audit court (TCU) and fraud and corruption control department (CGU).

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Opposition party PSDB president Sérgio Guerra has said the measure is an "affront" to transparency and shows a lack of respect to taxpayers.