Summary
Two of the biggest construction groups in the West Midlands have been hit with fines totalling more than pounds 6 million after illegally rigging contracts at the expense of the taxpayer.
Carillion and Thomas Vale were among the 103 companies ordered to pay penalties totalling pounds 129.5 million by the Office of Fair Trading (OFT) yesterday after an investigation into bid-rigging on 199 public sector building tenders between 2000 and 2006.See the full content of this document
Extract
Midland Firms at Centre of Building Deals Scam
The OFT said the practice, in which companies colluded with one another, had been "endemic" in the construction industry.
Most of the offences involve...See the full content of this document
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