Different tactics for legal construction bidding

When companies are entering into construction contracts, they may place bids for those jobs. This is something that can happen with general contractors, who may bid for entire projects. It can also happen with subcontractors. For instance, a general contractor may be building a government facility, and they will take bids from roofing companies to … Read more

What is a bid protest?

A bid protest is a formal challenge against the awarding or the proposed awarding of a government contract. This critical oversight function helps ensure that the procurement process remains competitive, fair and transparent. Understanding the intricacies of bid protests is essential for companies engaged in or considering entering the government contracting space. What triggers a … Read more

Bid rigging for federal construction contracts

When businesses in the construction industry collaborate to fix prices on bids for federal contracts, they tread into risky and often illegal territory. Bid rigging is a serious criminal offense under federal law. Bid rigging undermines the principles of fair competition, which are essential to a healthy economy. It distorts the market, often leading to … Read more

What is bid-rigging? Why is it illegal?

A competitive market is necessary for a healthy economy, but a practice called “bid-rigging” can undermine the free market. Companies in certain industries, including government suppliers and construction, generally vie for contracts, by submitting bids on each job. The competition encourages each company to offer the best possible price. Bid-rigging occurs when multiple companies in … Read more

3 steps to bidding for a government contract

Winning a government contract can help lift your company way above its current position. Not only can it boost your profits, but it can boost your standing, ensuring that potential customers choose you over the competition. The bidding process is complex, and many suitable companies have seen their applications rejected because of errors they made … Read more