Product category:
Building Trade Associations and Institutes
News Release from: Chartered Institute of Building [CIOB] | Subject: Anti-Corruption Forum
Edited by the Buildingtalk Editorial
Team on 12 June 2006
CIOB signs up to Anti-Corruption Forum
According to Transparency International the construction industry ranks as the most corrupt industry worldwide on a league table that includes defence and pharmaceutical industries.
The Chartered Institute of Building (CIOB) has signed up to constructions Anti-Corruption Forum The Anti-Corruption Forum, led by Transparency International, is an alliance of UK professional institutions, business associations and companies with interests in the domestic and international infrastructure, construction and engineering sectors
This article was originally published on Buildingtalk on 12 Mar 2004 at 8.00am (UK)
Related stories
CIOB Commission Welcomes Graduate Recruit Upturn
Applications to join building courses up to mid-January had risen by 16 per cent. Civil engineering courses are up by 25 per cent and architecture by 15 per cent.
'Urban Renaissance' Held Back By Funding Obstacles
London Assembly has called upon the UK Government to show more determination in assisting public and private sector organisations to find new ways of funding large-scale regeneration projects.
The purpose of the Forum is to promote industry-led actions which can help eliminate corruption.
According to Transparency International the construction industry ranks as the most corrupt industry worldwide on a league table that includes defence and pharmaceutical industries.
It is estimated that in the Great British construction industry alone corruption could cost anywhere up to £3 billion a year.
In a recent online poll run by the CIOB, 335 construction professionals were asked on what scale corruption exists in the UK construction industry; 41% (139) thought it was 'widespread', 37% (123) believed it was 'occasional', 18% (61) voted that it was 'rare' while 4% (12) of respondents felt it was non-existent.
Chris Blythe CIOB chief executive said, "We recognise that the construction industry is a particularly susceptible environment for corruption in both the developing and developed world, as construction projects usually involve a large number of participants in a complex contractual and financial structure".
"Bribery in relation to the award of contracts is the most visible form of corruption notably when contracts are for major works.
However corrupt practices can be found at each phase of a construction project; during planning and design, in the award of contracts, during the construction process, and during the operation and maintenance of projects after construction is finished.
"Following on from our online poll we will be undertaking later this year some new research into corruption in UK construction, this will look at the costs and causes associated in our industry.".
• Chartered Institute of Building [CIOB]: contact details and other news
• Email this article to a colleague
• Register for the free Buildingtalk email newsletter
• Buildingtalk Home Page
Search the Pro-Talk network of sites
