Governance and Risk Management with an Emphasis on the Supervision of Contracts and the Generation of Public Value.
Governance; Risk management; Public Value; Contract monitoring; Public Value.
Managing risks strategically is essential to guarantee the integrity, sustainability and success of an organization. In the area of public procurement, it is essential to mitigate risks in order to avoid adverse events that could impact the delivery of expected results and compromise the organization's core activities. In this sense, the effective performance of contract inspectors is crucial for monitoring and supervising compliance with obligations by companies contracted by the public administration. However, aligning governance and risks in public procurement in order to generate public value for society is a challenge. Focusing on the Public Value Theory approach, this research project, through a case study aligned with other methods, aims to demonstrate how risk management and corporate governance applied to contract oversight contributes to the generation of public value. It is hoped to contribute to risk mitigation in public procurement with a focus on the performance of contract inspectors, fill knowledge gaps in the literature, propose recommendations based on the results, stimulate future research in the area, as well as developing a technical-technological product for the UnB City Hall.