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.
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Corporate Authors:
A4005: Committee on Contract Law
Washington, DC United States 20418 -
Authors:
- SMITH, E A
- Publication Date: 1982-7
Media Info
- Pagination: p. 41-55
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Serial:
- Public Construction Contracts Law Newsletter
- Volume: 6
- Publisher: Transportation Research Board
Subject/Index Terms
- TRT Terms: Bid rigging; Bids; Construction industry; Contractors; Laws; Road construction; State government; Traffic conviction
- Uncontrolled Terms: Convictions
- Subject Areas: Administration and Management; Construction; Design; Highways; Law; Operations and Traffic Management; I73: Traffic Control;
Filing Info
- Accession Number: 00388771
- Record Type: Publication
- Files: TRIS, TRB
- Created Date: Oct 30 1984 12:00AM