Competition watchdog and the procurement regulator Wednesday signed a deal to stump out collusion among businessmen seeking public sector contracts in a rising trend that has seen the State overpay for goods and services.
Competition Authority of Kenya (CAK) and Public Procurement Regulatory Authority will review all major past tender documents to identify rogue traders that have been playing the system to lock out competitors from State tenders. The two firms will focus on bid rigging and collusive tendering as they seek to break down cartels that dominate multi-billion shilling public procurement.
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