The Daily Reporter – WI Construction News & Bids Wisconsin's Construction Authority
Bid rigging is a fraudulent scheme in which competing parties collude to corrupt procurement procedures.
Tagged with: bid rigging competitive bidding
Read More »OP-ED: CONSTRUCTION AND COLLUSION: 10 ways to prevent bid rigging
WEDC head stands by rescinded tax credit offer
The head of a semi-private state development agency that offered, and then rescinded, tax credits to a Wisconsin company contingent upon it winning a multi-million dollar state contract said Friday he believes the proposal was legal.
Tagged with: bid rigging jobs Skyward tax credits WEDC Wisconsin Economic Development Corp.
Read More »James Cape receivership case dismissed
A receivership case against James Cape & Sons Co., which went out of business in 2005, was dismissed Monday after six years in the court system.
Tagged with: bid rigging Vinton Construction
Read More »JPMorgan pays $211M to settle bid-rigging charges
By DANIEL WAGNER AP Business Writer WASHINGTON (AP) — JPMorgan Chase & Co. has agreed to pay $211 million after admitting one of its divisions rigged dozens of bidding competitions to win business from state and local governments. J.P. Morgan ...
Tagged with: bid rigging Justice Department
Read More »UBS agrees to pay $160 million in bid rigging settlement
By ?MARCY GORDON AP Business Writer WASHINGTON (AP) — Switzerland’s biggest bank, UBS AG, has agreed to pay $160 million to settle charges that it rigged the bidding process for investment contracts with cities and towns in 24 states, including ...
Tagged with: bid rigging bonds Justice Department lawsuit
Read More »Contractors take Cape case to Supreme Court
Sean Ryan [email protected] James Cape & Sons Co.’s attempt to sue Vinton Construction Co. and Streu Construction Co. over past bid-rigging schemes is headed to the Wisconsin Supreme Court. Jim Maples, president of Manitowoc-based Vinton, said the lawsuit is unrelated ...
Tagged with: bid rigging James Cape & Sons Co. lawsuit Streu Construction Co. Vinton Construction Co. Wisconsin Supreme Court
Read More »Contractors take Cape case to Supreme Court
Sean Ryan [email protected] James Cape & Sons Co.’s attempt to sue Vinton Construction Co. and Streu Construction Co. over past bid-rigging schemes is headed to the Wisconsin Supreme Court. Jim Maples, president of Manitowoc-based Vinton, said the lawsuit is unrelated ...
Tagged with: bid rigging James Cape & Sons Co. lawsuit Streu Construction Co. Vinton Construction Co. Wisconsin Supreme Court
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