Phrases with «bid rigging»

Bid rigging is an illegal practice where companies or individuals work together secretly to manipulate the outcome of a bidding process. They collude to decide who will win the contract and artificially inflate the prices. This harms fair competition, results in higher costs for the buyer, and is generally bad for the economy. Full definition

Related phrases

Sentences with «bid rigging»

  • A second trial begins in June to address allegations of bid rigging in connection with state development projects in Syracuse and Buffalo. (syracuse.com)
  • Joe Percoco, who the current governor's father Mario Cuomo regarded as a «third son», is charged with extortion and bribery, while the former head of SUNY Polytechnic Alain Kaloyeros is charged with bid rigging in connection with major upstate economic development projects, including the Buffalo Billion. (nynow.wmht.org)
  • The same outsider referred to Maziarz as the «king,» Norris as the «patsy,» and Kevin Schuler (indicted last year on bid rigging charges in the Buffalo Billion scandal) as the «thinker.» (buffalonews.com)
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