A construction industry for decades and the process is usually an informal one conducted discreetly, where one contractor simply inquires of another whether they are interested in a particular project.
Bid rigging, more formally known as bid collusion, is a serious matter. In fact it can be a crime. Any allegation of bid collusion should be backed up by tangible evidence. It is not an allegation which should be based on speculation or asserted for tactical advantage.  This paper was prepared by the Interdepartmental Bid Rigging Investigations Coordinating Committee, which was formed in August 1982 to refine the joint investigative efforts of the Department of Transportation and the Department of Justice in the area of highway and airport construction contract bid rigging. The object of this portion of the paper is to present a methodology that can be utilized to detect collusion in highway construction contracts. This methodology has been utilized successfully in previous bid rigging investigations. Affected market: Construction industry in England. Bid-rigging in the construction industry in England Affected market: Construction industry in England CE/4327-04 Summary of the infringement. No. CE/4327-04. The OFT has imposed fines totalling £129.2 million on 103 construction firms in England which it has found had colluded with competitors on building contracts.  Bid rigging in the construction industry Projects briefing April 2008 On 17 April 2008, the Office of Fair Trading (“OFT”) announced that it had issued a Statement of Objections (“SO”) to 112 firms in the construction sector.  In the United States, bid rigging is a felony criminal offense under Section 1 of the Sherman Act. Even so, bid rigging is still rampant in the construction industry, auto sale auctions, and foreclosed home auctions. In Canada, it is an indictable criminal offence under Section 47 of the Competition Act. Bid rigging almost always results in economic harm to the agency which is seeking the bids, and to the public, who ultimately bear the costs as taxpayers or consumers. Contents. Bid rigging has been going on in the construction industry for decades and the process is usually an informal one conducted discreetly, where one contractor simply inquires of another whether they are interested in a particular project. Construction company involved in bid rigging arrangement. by Inna Kraner -. This case involves a company that was a wholly owned subsidiary of a transportation construction, chemical, and petroleum company headquartered in the South. The company submitted a $7.1 million bid for a state highway construction Bid Rigging. Whenever business contracts are awarded by means of soliciting competitive bids, coordination among bidders undermines the bidding process and can be illegal. Bid rigging can take many forms, but one frequent form is when competitors agree in advance which firm will win the bid.  Conversely, when competition is curtailed – for example when suppliers engage in bid rigging – taxpayers’ money is wasted as governments pay more than a fair price. Bid rigging occurs in all types of industries and circumstances, and in all parts of the world. When bid rigging impacts public procurement, it has the potential to cause great harm to taxpayers. One reason for this is that public procurement is often a large part of a nation’s economy.  Bid rigging almost always results in economic harm to the agency which is seeking the bids, and to the public, who ultimately bear the costs as taxpayers or consumers. 1  1 Types. Bid rigging almost always results in economic harm to the agency which is seeking the bids, and to the public, who ultimately bear the costs as taxpayers or consumers. Contents.
http://constructionadvisortoday.com/2011/04/how-common-is-bid-rigging.html http://www.fhwa.dot.gov/programadmin/contracts/dotjbid.cfm http://webarchive.nationalarchives.gov.uk/20140402142426/http:/www.oft.gov.uk/OFTwork/competition-act-and-cartels/ca98/decisions/bid_rigging_construction http://www.nabarro.com/Downloads/8061-Bid-Rigging-in-the-Construction-industry.pdf https://en.wikipedia.org/wiki/Bid_rigging https://www.theexpertinstitute.com/case-studies/construction-company-involved-bid-rigging-arrangement/ https://www.ftc.gov/tips-advice/competition-guidance/guide-antitrust-laws/dealings-competitors/bid-rigging http://www.oecd.org/competition/cartels/42594486.pdf https://en.wikipedia.org/wiki/Bid_rigging
what is bid rigging in construction