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Food Supplier Can't Shake Off $5M DOD Bid-Rigging Claim

Government Contracts

Department of Defense agency's efforts to recoup the purported $5 million lost to an ex-employee's bid-rigging scheme, after a contract appeals board ruled the contractor was required to provide fair, unrigged prices. A food supplier must face a U.S.

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Feds Cement Plea Deals In Ready-Mix Bid Rig Case

Government Contracts

A Georgia concrete company and an executive accused of participating in a price-fixing and bid-rigging scheme have reached plea agreements with the federal government, according to notices filed Tuesday.

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Highway Contractor, Exec Charged With $100M Price-Fixing

Government Contracts

Federal prosecutors on Thursday announced the indictment of an Oklahoma highway runoff contracting business and two of its employees for their involvement in a price-fixing, bid-rigging and market allocation conspiracy that impacted over $100 million in publicly funded construction contracts in the state.

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DOJ Says Another Korean Co., Officer Behind Bid-Rig Scheme

Government Contracts

A second South Korean company and its CEO allegedly defrauded the Pentagon in a scheme to rig bids and fix prices for subcontract work on U.S. military installations in South Korea, the U.S. Department of Justice announced Wednesday.

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11th Circ. Tosses Appeal Of Bid Rigging Indictment

Government Contracts

The Eleventh Circuit on Tuesday found that a concrete executive has to wait until after he's tried to contest his indictment by a remotely convened grand jury during the pandemic on charges of allegedly fixing prices and rigging bids for ready-mix concrete in Georgia.

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Justice Department expands its procurement fraud strike force

Federal News Network

The majority of federal government procurement is not a set and attacked by bid rigging, price fixing and fraud schemes. And what the OECD tried to do is assess how much money is lost from bid rigging, price fixing and other collusive schemes at the outset from government spending. Collusion and so forth.

Collusion 101
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Addressing Challenges In Public Procurement: Overcoming Barriers to Efficiency And Compliance

Tracker Intelligence

Fraud and Corruption Risks Bid rigging, favouritism, and a lack of transparency in processes undermine public confidence and effectiveness. Detecting and preventing fraud The risks of fraud, such as bid rigging prevention in procurement and favouritism, can be mitigated using AI-powered analytics.