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
|