ABS-CBN
PCC: 'Losing' rigged bidders in flood control anomalies to also face penalties
The Philippine Competition Commission (PCC) is investigating alleged bid-rigging in government flood control projects, and plans to fine not only the winning bidders but also those who colluded as losing bidders.
PCC Chairman Michael Aguinaldo stated that the anti-trust watchdog is looking into alleged agreements between competing bidders, explaining that the law penalizes such collusion.
If found guilty, penalties for bid-rigging could range from P110 million for a first offense to P250 million for subsequent offenses.
The investigation is in the evidence-gathering stage, with the PCC collaborating with the Department of Public Works and Highways (DPWH).
The DPWH had previously filed bid-rigging cases against several construction companies and DPWH officials concerning alleged ghost and substandard flood control projects in Bulacan and Oriental Mindoro.
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See how different news organizations are covering this story. Below are the original articles from various Philippine news sources that contributed to this summary.
The Department of Public Works and Highways (DPWH) and the Philippine Competition Commission (PCC) have signed a memorandum of agreement to ensure fair competition in public works projects and safeguard the people's money.
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Department of Public Works and Highways (DPWH) Secretary Vince Dizon stated that P2.5 billion in assets may be recovered from contractors involved in alleged bid-rigging for flood control projects.
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