NATURE AND EFFECTS OF BID-RIGGING IN CONSTRUCTION INDUSTRY

Instances of bid-rigging in the construction industry have considerably increased in the recent past. Bid-rigging has taken a toll in the industry both in public and private sector construction. The effects and intensity of bid-rigging are almost similar in all the nations. The effects, issues, reasons, steps to detect, steps to avoid and steps to be taken once bid-rigging is detected is discussed in this whitepaper. Action points for procurement officials are elaborated to reduce bid-rigging to the extent possible