Another red flag of procurement fraud is also very simple - listening to the complaints of the losing bidders on a project. Once again, it is human nature for people to complain if they lose out on a project. However, the bidders that were not awarded a contract sometimes will be able to point out issues that others may have missed. Examples include:
1. The winning bid was either too high or too low as compared to the median or mean of other bids;
2. Other bidders are not contacted at all;
3. It is obvious that all bids are being awarded to the same company.
Contacting losing bidders may be an easy way of discovering if something else is occurring under the surface.
1. The winning bid was either too high or too low as compared to the median or mean of other bids;
2. Other bidders are not contacted at all;
3. It is obvious that all bids are being awarded to the same company.
Contacting losing bidders may be an easy way of discovering if something else is occurring under the surface.
NOTE: THE INFORMATION IN THIS BLOG IS NOT LEGAL ADVICE NOR
IS IT INTENDED TO BE LEGAL ADVICE. IF
THE READER HAS ANY LEGAL QUESTIONS, PLEASE REFER TO AN ATTORNEY.
Have a great and fraud-free day.
----------à>>>>>>>>>>>>>>>gene
tausk
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