This online training course on bid suppression is presented in our engaging Take 5 microlearning format.
It explores bid suppression as one aspect of supplier fraud and what it means for the learner. The course pits the learner into real-life scenarios to gain a thorough understanding, and the course is designed to raise awareness around competition laws and tackle important elements in the fight against supplier fraud.
Learners will understand how to spot the red flags and how to minimise the risks of supplier fraud by bid suppression.
In this interactive course, learners will explore bid suppression and earn customer rating stars for correctly identifying how to minimise the risk of supplier fraud relating to it. To complete the course, learners must earn 2/2 stars and correctly identify how to minimise the risks. Learners can also take the assessment again to improve their score.
| Number of Learners | Cost (per year) | |
|---|---|---|
| 1 - 10 | ||
| 11 - 20 | ||
| 21 - 50 | ||
| 51 - 100 | ||
| 101 - 150 | ||
| 150+ | ||
| Number of Learners | Cost (per year) | |
|---|---|---|
| 50 - 100 | ||
| 101 - 200 | ||
| 201 - 300 | ||
| 301 - 400 | ||
| 401 - 500 | ||
| 501 - 750 | ||
| 751 - 1000 | ||
| 1001 - 2500 | ||
| 2501 - 5000 | ||
| 5000 - 10,000 | ||
| 10,000 + | ||
Included Features
Bid suppression is a form of supplier collusion. It occurs when a group of bidders, who may have been secretly ‘cooperating’ for some time, seek to exclude one or more companies from a bid process. The excluded suppliers are often newcomers to the market who are either offered a pay off in exchange for not submitting a bid or threatened to prevent them from bidding.
Bid rigging is any process through which parties conspire to “fix” the bidding process for a contract. An example of this might be one company agreeing to submit a deliberately weak bid for one contract to let another company win, in return for the reverse happening for a separate contract.
There are many reasons a supplier may withdraw a bid. Many of them are completely legitimate, such as that they can no longer supply the goods or services mentioned in their bid. However, if a bid is withdrawn unexpectedly and in a way that helps a competitor, this could be a red flag for bid suppression.
Bid suppression takes place when a bidder refuses to bid, or withdraws a bid, on a contract they would have been qualified to bid on to help another company win the contract. When a bid is unexpectedly withdrawn or a qualified bidder does not submit a proposal, companies should be vigilant for supplier fraud and collusion.
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