An Academic Analysis of Governance Mechanisms in Public Sector Construction Projects
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Abstract
The purpose of this article is to present an analytical study of governance mechanisms in public construction projects in Thailand—an issue of critical importance that directly affects national budget utilization and public trust in government institutions. The study focuses on analyzing the four fundamental pillars of good governance: the rule of law, transparency, accountability, value for money, and public participation. It also explores key tools employed to promote good governance, such as the Integrity Pact, the electronic government procurement system (e-GP), and the CoST Thailand initiative. The main topics discussed in this article include the analysis of governance principles, the study of instruments that strengthen governance, the application of digital technology, the development of intersectoral collaboration networks, and future development approaches. The knowledge derived from this article will be highly beneficial for government agencies aiming to enhance procurement standards, scholars in the field of public administration, and policymakers seeking to establish effective oversight systems to reduce corruption risks and increase transparency in public sector operations—thus fostering greater public confidence.