Bid-rigging is a bidding term, also known as collusive bidding, which refers to several bidders agree with each other to unanimously raise or lower the bidding price for bidding, and by limiting the competition and crowding out the other bidders to make a certain Stakeholder winning the bid, so as to seek benefits of the means and behavior.
Bid-rigging manifestations
1, bidder and bidder collusion. The main surface forms are: the implementation of the exclusion of competitors fair competition: bidders in the public opening before the bidding, open the tender, and will bidding situation to inform the other bidders, or to assist the bidder to withdraw the bid, replace the offer; bidders to the bidder to leak the bidding; bidders and bidders agreed to bidding bidding to depress or raise the bidding price, the winning bid and then give the bidder or bidding for additional compensation; bidders In advance, the bidder to determine the winning bidder, in determining the winning bidder to determine the choice.
2, collusion between the bidders. The main forms of surface: bidders agree with each other, the same raised or lowered bidding; bidders agree with each other, take turns in the bidding for the project at a high price or low price; bidders first internal bidding, internal determination of the winner, and then participate in the bidding. They each have different manifestations. This kind of unfair competition is through improper means, crowding out other competitors, in order to achieve the purpose of making a certain stakeholder to win the bid, so as to seek benefits.