Meaning BID RIGGING
What does BID RIGGING mean? Here you find 3 meanings of the word BID RIGGING. You can also add a definition of BID RIGGING yourself

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BID RIGGING


Bid rigging is a particular form of collusive price-fixing behaviour by which firms coordinate their bids on procurement or project contracts.
Source: stats.oecd.org

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BID RIGGING


Bid rigging occurs when suppliers communicate with each other before lodging their bids and agree amongst themselves who will be the successful bidder and at what price.  This practice is one type of [..]
Source: cips.org

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BID RIGGING


An agreement between bidders as to the terms of their …
Source: ipglossary.com





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