Bid Rigging & Contract Fraud in Construction: How Forensic Accountants Expose Collusion
Bid rigging in the construction industry is a federal crime that undermines fair competition, inflates project costs, and diverts public and private resources into the pockets of colluding contractors. The Department of Justice prosecutes bid rigging aggressively through its Procurement Collusion Strike Force (PCSF), with penalties reaching up to ten years in prison for individuals…