The Marx Group LLC is an International Transparency Consultancy that specializes in promoting international investment and global commerce. Nations seeking economic growth, especially those in conflict and post-conflict environments, and those judged high risk by Transparency International, face an uphill battle in encouraging global investment. The perception of wide-spread corruption, confusing laws and regulations, lack of security, and cumbersome and arbitrary business practices make international businesses and their investors leery.
Value Proposition. Nations can do much to encourage global investment by creating resource tender and procurement initiatives that demonstrate fairness, transparency and accountability and streamline business processes.
The Marx Group assists national governments and government operating agencies to:
- Develop and implement an integrated approach to public transparency that builds upon national law, regulations and policy;
- Create local processes and operating procedures that include transparency, fairness and accountability as an overarching framework and streamline business operations; and
- Include independent oversight and review of processes that affirms transparency, fairness and accountability.
This comprehensive methodology provides global companies with confidence in the fairness of acquisitions, procurements and public tenders while providing citizens knowledge that their precious resources are being handled accountably by their government.
While corruption is often pervasive and is an impediment to international investment, The Marx Group model for transparency, when embraced by senior government officials, significantly improves accountability and fairness and encourages global investment.
The Marx Group LLC also works with global investors and hydrocarbons and mining industry firms to assist in developing local partnerships between governments and industry that improve transparency, fairness to all parties and more efficient business operations.
The Marx Group International Transparency Advisors work hand-in-hand with national, provincial and municipal operating agency officials to create processes and controls that reflect local customs and adhere to national laws and regulations while aligning with international best practices. This in-country context is critical to local ownership of the results.
The Marx Group consultant teams consist of experts in acquisition and procurement, transparency, anti-corruption, process controls, finance, business process engineering, regulatory development and global investment.
The Marx Group transparency model supports the principles and criteria of the Extractive Industries Transparency Initiative (EITI) which sets a global standard for transparency in oil, gas and mining. While EITI focuses primarily on post-award financial transparency and accountability of funds, The Marx Group transparency model encompasses a broader context and includes the openness of all activities beginning with tender planning and extending to award of contracts and subsequent program operations.