Indicators /
Unreasonably high bid prices by losing bidders

label Identifier Identifier
35
power_settings_new State State
Not developed
flag Autonomy Autonomy
Autonomous
description Description Description
This redflag indicates risk if there is a suspicious bid pattern that consists of unreasonably high bid prices submitted by losing bidders for which there is no legitimate explanation and which cannot be attributed to an error. The World Bank does not indicate accurate ratio for suspiciously high amount.
location_on Country Country
INT
language Language Language
English
link Link to project Link to project
http://www.worldbank.org/en/topic/governance/brief/anti-corruption
face Developer Developer
World Bank
code Programming language Programming language
today Development date Development date
link Link to source code Link to source code
non existent
library_books Where to extract data from Where to extract data from
bidding documents
linear_scale Process phase Process phase
BIDDING
verified_user Validation Validation
N/A
folder_open Tags Tags
bid
collusive bidding
price
statistics
theoretical