• CMA launches digital tool to fight bid-rigging

        • The CMA’s has launched its Screening for Cartels tool to help public procurement professionals identify suspicious behaviour by suppliers when bidding for contracts.

          The CMA has worked with Spend Network, a company specialising in public procurement and finance data, to develop the tool which is freely available for procurement professionals to download and use. The software uses algorithms to spot unusual bidder behaviour and pricing patterns which may indicate that bid-rigging has taken place.

          John Kirkpatrick, CMA Senior Director of Advocacy said, “bid-rigging in the public sector can cost taxpayers many millions of pounds. Companies disguise their bids so that they look like they’re genuinely competing, when in fact they are colluding with each other to take advantage of the public purse.

          “We have launched this free tool to help public procurers spot and stop cartels and make sure real competition gets them good value for taxpayers’ money.”

          Bid-rigging is a serious form of illegal behaviour that can cause public authorities to overpay when buying goods and services. It occurs when suppliers form a cartel and agree the prices they will bid when quoting for contracts rather than competing fairly. This removes the incentive for businesses to keep their prices low and means purchasers can end up paying more than they should. In some cases, this kind of cartel can raise prices by as much as 30 per cent.

          The new tool will tell you which, if any, of your procurement exercises show signs of bid rigging and might merit a closer look.  If, having investigated any suspicious procurement exercises, something still looks odd, you can call the CMA cartels hotline and the company can help you investigate.

          The free tool is digitally signed with Microsoft Authenticode certification and has high level IT assurance from the Government Digital Service. After carrying out rigorous penetrating testing on the tool, the GDS is content that issues identified have been remediated to an acceptable level of risk for government usage in alignment with Government Security Secretariat policy.

          It is available for download on GitHub, an open source development platform. To receive log in details to access the GitHub site, please email screeningforcartels@cma.gsi.gov.uk.

          The CMA has also produced other guidance on bid-rigging to help procurers. This includes a 60-second summary, an open letter and an e-learning module that gives pointers on what to look out for. 

        • Stay up to date - Click here and register for FREE OEN online membership and enjoy unlimited access to a host of benefits including the exclusive members area of the website, downloadable business tools, current and back issues archive, priority breaking news alerts, weekly e news summary and the OEN app

        • Related Articles

        • The Chartered Institute for IT chooses hybrid cloud with Nutanix

          The Chartered Institute for IT chooses hybrid cloud with Nutanix

          Wednesday 21st Oct 2020 by clareb
          Nutanix has announced that BCS, The Chartered Institute for IT, is migrating its legacy IT infrastructure to the Nutanix Enterprise Cloud and integrated AHV hypervisor. Part of a planned relocation of its Swindon HQ, the UK charity is also using...Read More...
          BlackBerry unveils unified endpoint security (UES) solution

          BlackBerry unveils unified endpoint security (UES) solution

          Tuesday 6th Oct 2020 by clareb
          BlackBerry Limited has announced BlackBerry Cyber Suite, the industry’s first, comprehensive, AI-powered unified endpoint security (UES) solution that furthers BlackBerry’s leadership in AI.  While other solutions on the market...Read More...
          Fujitsu accelerates advanced workloads with new GPU-powered server

          Fujitsu accelerates advanced workloads with new GPU-powered server

          Monday 5th Oct 2020 by clareb
          Fujitsu is fuelling global data-driven transformation by making NVIDIA GPU-accelerated computing for advanced AI workloads accessible to mainstream customers. The expansion of its NVIDIA GPU-driven PRIMERGY GX server portfolio del...Read More...
                • About Us

                  OEN is the leading source of business news and information for buyers of office equipment, supplies and services within mid tier and up sized organisations. Our multi-platform approach delivers relevant, engaging and focussed content via our main printed magazine, bespoke guides and supplements, website, digital editions, apps, and newsletters with an unrivalled reach across the industry. A highly trusted and respected brand for many years, the print version of OEN last year celebrated its Diamond anniversary.

                  For our latest Media packs and more details on our range of services click here

                • View Latest Issue