WHAT IS BID-RIGGING?

The Competition and Consumer Commission of Singapore (CCCS) has issued an Infringement Decision on 14 Dec 2020 and imposed financial penalties totaling over $419,000 on three businesses for infringing the section 34 of the Competition Act.

These businesses have engaged in bid-rigging conduct relating to tenders called for the provision of maintenance services for swimming pools, spas, fountains and other water features. Affected developments included condominiums and hotels in Singapore. 

READ MORE ABOUT THE RECENT BID-RIGGING CASES UNCOVERD BY CCCS:

·       CCCS Penalizes Contractors for bid-rigging in tenders for maintenance services of swimming pools and other water features (CCCS Media Release)

·       3 firms fined for rigging bids in tenders for maintenance of swimming pools, other water features (Channel NewsAsia)

·       3 water feature maintenance firms fined over bid rigging (The Straits Times)

·       CCCS Penalizes Contractors for Bid Rigging of Quotations for Wildlife Reserves Singapore (CCCS Media Release)