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South Africa: 21 firms admit to construction bid-rigging, 22 more penalized

By  |  April 23, 2013

A total of 21 construction firms have reportedly admitted to rigging bids of contracts, while an additional 22 companies will face penalties for not heading to a Competition Commission request for information about the case. While the companies have not been named, details have emerged that 131 projects were subject to the bid-rigging scheme, with contracts involving the building of various infrastructure including damns, mines and shopping centers. The companies are now set to sign a Consent Agreement in May, while their identities will be revealed in the weeks following.

Full Content: SA Commercial Prop News

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