Bid-rigging: maximum penalties 'unlikely'
Posted: 17 April 2008It is unlikely that the OFT will impose the maximum fine of 10% of contractors' relevant turnover, even if they were found guilty of bid rigging, the anti-corruption body has admitted.
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Bid-rigging: ODA plays down accusations of cover pricing
Posted: 17 April 2008The Olympic Delivery Authority (ODA) has played down today’s announcement by the Office of Fair Trading (OFT) that Balfour Beatty, its contractor for the £242m Aquatics Centre, has been accused of being involved in bid-rigging and 'cover pricing' activities.
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Bid-rigging: cowboy practices 'widespread' says POD
Posted: 17 April 2008The Office of Fair Trading’s (OFT) list of 112 firms allegedly engaged in bid-rigging and ‘cover pricing’ “shows how widespread cowboy practices are in the industry”, according to online advice firm the Property Owners Directory (POD).
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Bid-rigging: UCATT calls for “maximum possible penalties ” to guilty firms
Posted: 17 April 2008UCATT has called on any companies found guilty of bid-rigging by the Office of Fair Trading (OFT) to receive the “maximum possible penalties ”.
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Bid-rigging: Construction Confederation calls for 'sensible' response
Posted: 17 April 2008The Construction Confederation (CC) has appealed for the Office of Fair Trading (OFT) to come up with a "sensible and proportionate" response to its four-year investigation into bid rigging.
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The 112 firms accused by the OFT bid-rigging investigation
Posted: 17 April 2008A list of the 112 construction companies named by the Office of Fair Trading in a Statement of Objection (SO) , alleging they have engaged in bid-rigging activities and in ‘cover pricing’.
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Construction bid-rigging Q&A
Posted: 17 April 2008An overview of theOFT (Office of Fair Trading) investigation into construction bid-rigging, including: background to the investigation; a list of all major construction companies implicated; and links to all key stories during this period.
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Construction bid-rigging timeline
Posted: 17 April 2008This page provides a timeline of the five-year OFT (Office of Fair Trading) investigation into construction bid-rigging, including links to all key stories during this period.
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Bid-rigging: Balfour Beatty granted leniency by OFT
Posted: 17 April 2008Balfour Beatty has been granted leniency by the Office of Fair Trading in its bid-rigging investigation, thereby reducing any fines which may be imposed on Balfour Beatty or any of its operating business.
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PFI: MPs criticse Government decision to delay accounting standards
Posted: 17 April 2008MPs have criticised the Government's decision to delay the introduction of international accounting standards, warning that it opened the way for different interpretations of how to account for PFI schemes.
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Bid-rigging: OFT accuses 112 construction companies
Posted: 17 April 2008The OFT has named 112 construction companies yesterday in a Statement of Objections this morning, alleging they have been involved in bid-rigging activities, including cover pricing.
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Costain M25 death: police investigate reversing lorry
Posted: 16 April 2008Kent Police and the Health and Safety Executive are understood to have identified a reversing lorry as key to the death of a 38-year-old Costain surveyor on a road project in Kent.
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Modular firm fined £100k after "pointless" death
Posted: 16 April 2008A Liverpool modular building specialist has been fined £100,000 after a construction worker was killed and another seriously injured when a half-ton steel lifting frame fell from an overhead crane.
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Burning builder saved by puddle
Posted: 11 April 2008Safety chiefs are warning contractors about the risk of live electricity cables after a workman caught fire during a cable explosion and had to put himself out in a puddle of rainwater.
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Builder guilty of manslaughter following poisoning
Posted: 10 April 2008A builder who blocked a boiler pipe, poisoning a man, has been found guilty of manslaughter by a jury.
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HMRC v Neil Martin CIS case nears conclusion
Posted: 09 April 2008The CIS dispute between the HM Revenue & Customs (HMRC) and Cumbria-based civils contractor Neil Martin is drawing to a head.
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Councils given power to fine utilities for overruns
Posted: 08 April 2008Local authorities will be able to set binding start and finish dates for road works and fine utility companies for overruns under beefed-up powers that came into force this month.
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Performance bonds: Spiersbridge Property Developments v Muir Construction
Posted: 02 April 2008Is an employer who calls a performance bond obliged to account to the contractor for overpayment?
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Six things you need to know about construction insurance
Posted: 26 March 2008Arranging risk and insurance cover can be daunting for the construction industry, with many variables to consider. David Johnson and Andreas Dracoulis of Boodle Hatfield's construction team answer the key insurance law questions.
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Case law analysis: Rights and remedies
Posted: 19 March 2008Alex Warrender of Brewer Consulting discusses Withholding Notices.
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