Local and On-Site Due Diligence Checks

Due diligence steps for smaller, local firms that do not appear on the internet:

  • Engage a local consultant to collect pertinent corporate registration documentation.
  • See http://www.doingbusiness.org/data/exploretopics/starting-a-business; select a country from the list that appears and find information on corporate filing requirements.
  • Check to see if the firm is listed in local corporate registries telephone, business, professional and Chamber of Commerce directories.
  • Call or make an announced visit to the purported location of the company.
  • Determine if the firm has received prior contracts and if so, the quality of their work.
  • Speak to local trade and industry officials, local law enforcement and anti-corruption agencies and NGOs regarding the existence, ownership and integrity of local firms and individuals, and the existence of any prior complaints or actions against the firms or individuals.
  • Check with local competition agencies for information if the case involves alleged collusive bidding.