Thailand Updates Anticorruption Standards For Public Procurement

On October 16, 2024, Thailand's Anti-Corruption Cooperation Committee (ACCC) issued a notification to enhance anticorruption standards in public procurement. The new notification (officially "Notification of the Anti-Corruption Cooperation Committee on the Procurement Budget and Minimum Standards of the Policy and Directions for Anticorruption in Relation to Procurement according to Section 19 of the Public Procurement and Supplies Administration Act B.E. 2560") supersedes previous guidelines and imposes stricter compliance requirements on business entities involved in the government procurement processes. The updates not only align with the goals of Thailand's Public Procurement and Supplies Administration Act B.E. 2560 (2017) but also reflect the government's resolution to mitigate corruption, particularly in high-value public contracts.