
Open Contracting Data Standard
The Open Contracting Data Standard (OCDS) is a framework that ensures transparency and consistency in how governments and organizations publish information about public contracts. It provides a common way to share details such as project timelines, budgets, bidders, and contract awards. By using this standard, stakeholders can easily access and analyze contract data, helping prevent corruption, improve accountability, and make informed decisions. Think of it as a universal language for publicly sharing how taxpayer money is spent on projects and services, making the contracting process clearer and more trustworthy for everyone.