Wednesday, August 31, 2011

Corrupt Activity


There are a number of terms used to describe the various types of corrupt activity that occurs within the construction industry.
  • Loser's fee
  • Price fixing
  • Manipulation of pre-qualification
  • Bribery to obtain main contract award
  • Bribery during sub-contract procurement
  • Corruptly negotiated contract
  • Manipulation of design
  • Specification of overly sophisticated design
  • Inflation of resources and time requirements
  • Obtaining a quotation only for the purpose of price comparison
  • Concealment of financial status
  • Intention to withhold payment
  • Submission of false quotation
  • Falsely obtaining export credit insurance
...... to name but a few.

Terms such as these appear in the media when allegations of corrupt activity are levied against an organisation, and perhaps it isn’t always clear what the meaning of it is.

Using information provided by Transparency International, (watchdog organisation that keeps track of corruption throughout the world) we have provided explanations for corrupt activities typical to the industry, it indeed makes for interesting reading! CLICK HERE

Ernest Roper
Durban Regional Manager

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