Collusive Tendering Damages Construction ServicesBusiness Competition

Penulis

  • Donald Junius Ferdinald Civil Engineering Student, Mpu Tantular University Penulis
  • Edison Hatoguan Manurung Civil Engineering Student, Mpu Tantular University Penulis
  • Kasimir Wasito Civil Engineering Student, Mpu Tantular University Penulis

Kata Kunci:

Collusive Tendering, Tender Collusion, Corruption Practices in Construction Tendering

Abstrak

Collusion in the construction services industry has proven to be detrimental to business competition. Collusive practices in the tender process hinder fair competition and result in significant economic losses. Companies involved in such collusion cooperate to manipulate bidding prices, avoid genuine competition, and influence tender outcomes to their advantage. As a consequence, companies not engaged in the collusion lose opportunities to secure contracts, while project costs escalate. Collusive tendering also has negative impacts on the quality of construction work. When companies collude to win tenders, they may disregard necessary quality and safety standards. This can lead to lower quality, unsafe projects, and increased infrastructure failure risks.

Diterbitkan

2024-10-18

Terbitan

Bagian

Articles

Cara Mengutip

Collusive Tendering Damages Construction ServicesBusiness Competition. (2024). International Journal of Sustainability in Research (IJSR), 1(1), 61-72. https://www.penerbitjurnalinternasional.com/index.php/ijsr/article/view/720