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  • Fair Practices In Procurement & Tenders : Combat Bid-Rigging & Unethical Conducts *new!*

Overview

Procurement processes are a vital component of public and private sector operations, but they are also susceptible to illegal practices that distort market competition. Among these, bid-rigging poses one of the most serious threats to fairness, transparency and economic efficiency.

This ½ day workshop will explore the intricate intersection between procurement tenders and competition law, with a focus on the risks and legal implications of bid-rigging. Participants will gain an in-depth understanding of procurement procedures, the mechanics of bid-rigging and how such practices are scrutinized under competition law. The workshop will also address strategies for mitigating risks, ensuring compliance and fostering a competitive tendering environment.

Event Detail

During this ½ day session, participants will be guided on the following :

1.Procurement Tenders: An Overview

  • The role of procurement in public and private sectors
  • Types of procurement procedures (open, restricted, negotiated, etc.)
  • Best practices for transparent and fair procurement processes

2.Understanding Bid-Rigging

  • Definition and forms of bid-rigging (e.g., collusion, price-fixing, market allocation)
  • How bid-rigging undermines competition and harms the economy
  • Case studies of notable bid-rigging scandals and their impact

3.Competition Law and Procurement

  • Overview of competition law principles (anti-cartel provisions, abuse of dominance)
  • How competition authorities monitor procurement markets
  • Key international frameworks (EU, US, and other jurisdictions)

4.Identifying and Preventing Bid-Rigging

  • Red flags of potential bid-rigging in procurement processes
  • Measures to prevent collusion among bidders (e.g., transparency, supplier audits)
  • Whistleblower protection and compliance programs

5.Legal Consequences of Bid-Rigging

  • Criminal, civil, and administrative penalties for bid-rigging
  • Impact of anti-competitive practices on tendering outcomes and businesses
  • Enforcement actions by competition authorities and recent trends

6.Best Practices for Risk Mitigation and Compliance

  • Building a culture of competition compliance within procurement teams
  • Tools and frameworks for assessing and mitigating risk (e.g., due diligence, monitoring systems)
  • The role of internal audits, external oversight, and collaboration with regulators

7.Interactive Case Studies and Discussions

  • Analysis of real-world procurement tender scenarios and bid-rigging cases
  • Group discussion on how to spot potential risks and address them proactively
  • Q&A session with competition law experts and procurement professionals

Programme/Agenda

At the end of the workshop, participants would be able to :

  • gain a comprehensive understanding of the risks associated with bid-rigging
  • learn how to comply with competition law in procurement, and practical tools for ensuring fair and competitive tendering processes

WHY SHOULD I ATTEND

This workshop is for procurement managers, legal advisors, compliance officers, public sector officials, and anyone involved in the tendering process. It is also valuable for legal professionals and businesses looking to understand the intersection of procurement practices and competition law.

Contact Detail

Programme Manager : Josephine Lin
Contact no.: 6701 1131
Email : josephine.lin@sbf.org.sg
SGD‎588.00 (Non-Member)

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