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Title:

THE NORTH CAROLINA EXPERIENCE WITH BID RIGGING

Accession Number:

00388771

Record Type:

Component

Availability:

Chairman, Committee on Contract Law, TRB

2101 Constitution Avenue, NW
Washington, DC 20418 United States

Abstract:

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.

Corporate Authors:

Transportation Research Board


A4005: Committee on Contract Law
Washington, DC 20418 United States

Authors:

SMITH, E A

Pagination:

p. 41-55

Publication Date:

1982-7

Serial:

Public Construction Contracts Law Newsletter

Volume: 6
Publisher: Transportation Research Board

Uncontrolled Terms:

Subject Areas:

Administration and Management; Construction; Design; Highways; Law; Operations and Traffic Management; I73: Traffic Control

Files:

TRIS, TRB

Created Date:

Oct 30 1984 12:00AM

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