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Safe from the finger of suspicion

Agapiou, Andrew (2007) Safe from the finger of suspicion. Construction News, 7047.

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It is important for firms to have a policy which protects them from infringing anti-competitive practice laws. The Office of Fair Trading has been focusing on corruption in UK construction for the past three years. By March 2007 it had raided 57 companies, uncovering evidence of bid rigging from more than 1,000 contractors. Bid-rigging can involve 'complimentary pricing' or 'cover pricing' - a practice where supposed rivals agree to submit bids that they know will not be accepted.

Item type: Article
ID code: 36812
Keywords: bidding, contracts, construction, anti-competitive practice laws, Architecture
Subjects: Fine Arts > Architecture
Department: Faculty of Engineering > Architecture
Depositing user: Pure Administrator
Date Deposited: 18 Jan 2012 14:26
Last modified: 22 May 2015 08:49
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