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The Strathprints institutional repository is a digital archive of University of Strathclyde research outputs. Strathprints provides access to thousands of Open Access research papers by University of Strathclyde researchers, including those from the School of Psychological Sciences & Health - but also papers by researchers based within the Faculties of Science, Engineering, Humanities & Social Sciences, and from the Strathclyde Business School.

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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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Abstract

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.