UK - Major Contractos "Bid Rigging"

Sandi's picture
Submitted by Sandi on Sat, 2008-04-19 06:36.

"Government agencies and local authorities are clients who may have overpaid on billions of pounds of building contracts, the Office of Fair Trading has warned, as it accused 112 construction companies of bid-rigging.

Following a three-year investigation, the companies have been accused of forming cartels with rivals to bid an inflated price for work on schools, hospitals and other projects to make sure they do not win.

The list of companies accused of bid-rigging include Balfour Beatty, the UK's biggest construction company and builder of the 2012 Olympic aquatics centre in London, and Carillion, the second biggest company."

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Shall we take a closer look at the two companies highlighted in this article?

Al Futtaim Carillion (formerly trading as Tarmac Construction and George Wimpey) was set up in the early 70's and has been operating in the UAE for over 30 years. The company is at the forefront of the major construction-to-service providers in the UAE. Al Futtaim Carillion LLC is a Dubai, UAE, based and registered organization jointly owned by Al Futtaim (private) Limited of Dubai and Carillion Construction Overseas Limited, the international contracting services group from the United Kingdom.

Emaar owns and manages Emrill , a joint venture with the UK-based Carillion which provides innovative property and facilities management services.

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Dubai Transport Company - Also known as: Dutco, Dutco Group
UAE-based DUTCO Group is a family-owned conglomerate with subsidiaries in construction, manufacturing, hotels and leisure, freight and trading and oil and gas.
DUTCO Group's UAE-based construction subsidiaries include Dutco Balfour, BeattyDutco Balfour Beatty, Dutco Balfour Beatty.

Etablished in 1984 as a joint venture between Dutco Group and Balfour Beatty, a UK-based construction and engineering firm. Dutco Balfour BeattyDutco Balfour Beatty

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