THE NORTH CAROLINA EXPERIENCE WITH BID RIGGING

The results of a number of investigations and prosecutions which revealed that collusion on contracts was widespread in the state are reviewed. While the author thinks that the conditions that gave rise to bid rigging will persist, he feels that North Carolina was fortunate in having good legislation passed which (1) makes bid rigging a felony; (2) authorizes suspension upon indictment; (3) provided recovery of 30 percent of the contract price as liquidated damages from a party to bid rigging; and (4) provides up to 25 percent of the recovery to informants.

  • Corporate Authors:

    Transportation Research Board

    A4005: Committee on Contract Law
    Washington, DC  United States  20418
  • Authors:
    • SMITH, E A
  • Publication Date: 1982-7

Media Info

Subject/Index Terms

Filing Info

  • Accession Number: 00388771
  • Record Type: Publication
  • Files: TRIS, TRB
  • Created Date: Oct 30 1984 12:00AM