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The '''Open Contracting Data Standard''' is a standards development initiative issued by the [[Omidyar Network]] and the [[World Bank]] which commenced in November 2014.
An early version 1.0 was released in July 2015 <ref>OCDS, [http://standard.open-contracting.org/latest/en/support/history_and_development/ History of OCDS], accessed 19 May 2016</ref> and version 1.1 is being developed in Q 3 and 4 2015.{{
Adoption of the standard requires publishers to release data under an open license
Open Contracting claim that the use of the standard will reduce costs, create more competitive contracting and prevent fraud and corruption
Pilot implementations are underway in the following countries:
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Private sector companies using the standard:
* [https://OpenOpps.com OpenOpps.com]
==External links==
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