This site uses cookies to improve your experience. To help us insure we adhere to various privacy regulations, please select your country/region of residence. If you do not select a country, we will assume you are from the United States. Select your Cookie Settings or view our Privacy Policy and Terms of Use.
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Used for the proper function of the website
Used for monitoring website traffic and interactions
Cookie Settings
Cookies and similar technologies are used on this website for proper function of the website, for tracking performance analytics and for marketing purposes. We and some of our third-party providers may use cookie data for various purposes. Please review the cookie settings below and choose your preference.
Strictly Necessary: Used for the proper function of the website
Performance/Analytics: Used for monitoring website traffic and interactions
A food supplier must face a U.S. 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.
Supreme Court to review the overturning of a former Contech executive's bid-rigging conviction, saying the appeals court was wrong to focus on a supplier relationship between companies that also compete for contracts. Department of Justice has asked the U.S.
Department of Justice has asked the Fourth Circuit to reconsider a panel's ruling that overturned a former Contech executive's bid-rigging conviction, saying the panel was wrong to focus on a supplier relationship between Contech and a competing contractor.
It does so by offering an immutable, transparent record of transactions, which helps to eliminate common issues such as bidrigging, kickbacks, and other forms of corruption. Fostering Trust and Collaboration Blockchain’s decentralized nature breaks down barriers to trust and collaboration within the procurement ecosystem.
To cure the problems identified, GAO recommends that the Secretary of Defense ensures the DoD does the following: Provide clear direction on which major defense suppliers should be prioritized for conducting M&A assessments. Assess whether its M&A office has sufficient resources to carry out its mission.
Fraud and Corruption Risks Bidrigging, favouritism, and a lack of transparency in processes undermine public confidence and effectiveness. Tracker Intelligence uses sophisticated procurement tools and integrates centralised systems, which decreases the time and effort needed for buyers and suppliers.
We organize all of the trending information in your field so you don't have to. Join 5,000+ users and stay up to date on the latest articles your peers are reading.
You know about us, now we want to get to know you!
Let's personalize your content
Let's get even more personalized
We recognize your account from another site in our network, please click 'Send Email' below to continue with verifying your account and setting a password.
Let's personalize your content