Leaking Bid Information

Prevent supplier fraud by tackling bid information leaks

Key Learning Points:

  • What is a bid information leak
  • How do bid information leaks occur
  • How does it enable supplier fraud
  • What are the red flags to identify potential leaking of bid information
  • What actions to take to minimise the risks of supplier fraud

Course Overview

This online training course on leaking bid information explores how supplier fraud can occur if bid information is leaked and focuses on recognition and prevention. The course is designed to raise awareness around competition laws and how it affects businesses and their employees. In particular, the course enables learners to identify the red flags, prevent supplier fraud and ensure compliance with competition laws.

This course is set in our engaging Take 5 microlearning format and puts the learner through real-life scenarios to understand how bid information can be leaked and how it interferes with the bidding process. It is presented in a short, challenge format, designed to maximise learner engagement and knowledge retention.

Course Details

  • Course duration: 5 minutes
  • Available in 2 Languages
  • Certificate on completion
  • Regular course updates
  • Course can be tailored using Adapt Authoring Tool
  • Course can be tailored to meet your specific requirements

Course Contents

This course is published by Cylix

Tailored versions of the courses are available for the following sectors

Compatible for

Any Workplace

Public Sector

University/HE

College/FE

School

Fire & Rescue

The Assessment

In this interactive course, learners will explore how leaking bid information occurs and earn customer rating star for correctly identifying how it can be recognised and prevented. To complete the course, learners must earn a star for correctly identify how to minimise the risks. Learners can also take the assessment again to improve their score.

2 Ways of Purchasing

You can purchase our courses individually or for even better value you can purchase the complete range of Compliance, Health and Safety or Performance Management courses in one neat bundle.

1. Individual Licenses

If you buy courses on an individual bases you pay a price per learner, per course per year. You can run these courses on your own LMS if Xapi/SCORM compliant or you can take them online.

Recommended

2. Complete Bundle

Buy all of the Compliance, Health and Safety or Performance Training courses in one great value package and receive unlimited benefits including our AI driven Learning Experience Platform, Astute.

1. Individual Pricing

Number of Learners Cost (per year)
1 - 10
£34.50 / per learner
11 - 20
£29 / per learner
21 - 50
£23 / per learner
51 - 100
£17.50 / per learner
101 - 150
£11.50 / per learner
150+
Exchange rates are updated regularly but are only intended as a guide.

2. Complete Bundle Pricing

If you buy all the Compliance, Health & Safety or Performance Training in a complete bundle, all features come as standard, no matter the size of your organisation!
Number of Learners Cost (per year)
50 - 100
£34.50 / per learner
101 - 200
£29 / per learner
201 - 300
£24.50 / per learner
301 - 400
£21 / per learner
401 - 500
£17.50 / per learner
501 - 750
£14.50 / per learner
751 - 1000
£11.50 / per learner
1001 - 2500
£9.50 / per learner
2501 - 5000
£7 / per learner
5000 - 10,000
£6 / per learner
10,000 +

Included Features

  • All courses in our catalogue
  • Our Learning Experience Platform ‘Astute’
  • New courses added regularly
  • Branded, downloadable posters
  • Customise Course Content for Your Team
  • Regular course updates
  • Dedicated Account Manager
  • Unlimited help desk support
Exchange rates are updated regularly but are only intended as a guide. Prices are based on a 2 year contract.

Leaking Bid Information

Bid information may be leaked for a number of reasons. It may be for financial benefit or for personal reasons. For example, a disaffected employee at a suppliers may leak bid information to a competitor to give them an unfair advantage on the understanding that they will benefit personally or professionally. Alternatively, an employee may have a friend or relative working for a competitor and intentionally or unintentionally let slip bid information.

Train your employees on identifying the red flags and ensuring compliance with competition laws.

FAQ's

If you have any questions that are not covered here, please get in touch.

Transparency in the bidding process is very important for trust and for making sure you have clearly stayed on the right side of competition law. The key principle is making sure there is open, fair competition. This means making sure the reasons for unsuccessful bids are communicated and suppliers are chosen fairly.

Bid information is supposed to be confidential but in practice, it can sometimes be leaked. This can be unintentional, such as in the case of a cyber attack or accidental sharing of information, or intentional, such as a competitor asking an employee to sell sensitive information. Every step needs to be taken to keep company information safe.

Ethical purchasing processes are impartial and fair, with integrity displayed by all parties. Ensuring bids are considered in an unbiased way is very important and upholds competition law. All bids should represent the best prices and services the supplier can offer and competitors should not be involved in the process in any unfair way.

If you have any feedback about our products please contact us at [email protected]

7 Day Instant FREE Trial