Collusive Tendering definition
Collusive Tendering means conspiracy against the public by firms to collude in the tendering process
Collusive Tendering means companies or entities coordinating their bids or tenders on procurement or project contracts in relation to both the supply and acquisition of goods or services (upstream and downstream of the supply chain).
Examples of Collusive Tendering in a sentence
By signing the Formal Instrument of Agreement, the Tenderer declares that: it has no knowledge of and has not participated in any of the following unacceptable tendering practices: Collusive Tendering: neither the Tenderer nor any of its servants or agents had knowledge of the tender price for the Services or of any other tenderer prior to the Tenderer lodging its Tender for the Project.
Collusive Tendering In submitting a tender against this contract, the supplier confirms that they have not fixed or adjusted the amount of the tender by or under or in accordance with any agreement or arrangement with any other person.