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Bid rigging undermines the tender process which poses risks to the public procurement agency in paying goods and services at an uncompetitively higher price. The Competition Commission Brunei Darussalam (CCBD), through its Executive Secretariat, highlighted the harmful effects of bid rigging during a dialogue session with officials from the Department of Energy at the Prime […]
Fighting bid rigging in Brazil: A review of federal public procurement 19 May 2021 Public procurement plays a strategic role in a country’s economy, and the quality of services that the government provides to its citizens. In 2020, Brazil spent around BRL 35.5 billion in the procurement of goods, services and works. In 2017, public procurement represented around 13.5% of Brazil’s total government expenditures and approximately 6.5% of the country’s GDP. Due to the size of the involved financial flows, public procurement is exposed to risks of collusion among suppliers as well as fra...