000 01242cam a2200217 4500
001 ABS68097
008 040811n2004 000 0 eng u
035 _a(Sirsi) u127055
100 _aTupper, S.
245 _aRoof falls in on plot to rig contract bidding
260 _c2004
490 _aEstates Gazette
_v(0418) 17 July 2004, 113(1)
520 _aDiscusses recent OFT investigations into bid rigging involving a flat roofing construction cartel. The illegal arrangements concerned a system whereby the companies involved covered each other's prices, by putting in, what were in effect, dummy bids containing artificially high prices when tendering for work for what were considered to be reserved customers. The companies were fined, but similar offences committed after 20 June 2003 can be prosecuted under the Enterprise Act 2002, with jail sentences likely. Similar illegal arrangements may be targeted in the property industry. Such firms must ensure they comply with procedures to stay within the law.
590 _aABS
590 _aABS
650 _aCARTELS
650 _aENTERPRISE ACT 2002
650 _aCOMPETITION ACT 1998
690 _aBUILDING AND CONSTRUCTION-PROCUREMENT, PARTNERING, TENDERING
942 _n0
999 _c117843
_d117843