Indicators /
Bidders lose on purpose
Identifier 52 |
State Not developed |
Autonomy Autonomous |
Description This redflag indicates risk if a company withdraws its bid often without explanation AND/OR submits incomplete bids too frequently AND/OR submits a fraudulent bid security (indicating that it knows it is not going to win) AND/OR company submits unusually high bid prices (especially if prices are rounded or unnatural numbers occur) |
Country INT |
Language English |
Link to project http://www.worldbank.org/en/topic/governance/brief/anti-corruption |
Developer World Bank |
Link to source code non existent |
Where to extract data from bidding documents, expert knowledge |
Process phase BIDDING |
Validation N/A |
Tags bid
collusive bidding
statistics
theoretical
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