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Bid-rigging dangers in procurement: what you need to know

Event

Event summary

In this special webinar, you will hear from CIPFA’s Counter Fraud Expert Marc McAuley and Procurement Specialist Mohamed Hans, and Richard Brown from the Competition and Markets Authority (CMA). With procurement fraud a significant risk, the session will examine the dangers of bid-rigging, the common red flags to look out for and recent cases affecting public bodies.

Date

08 December 2022
Starts: 12:00
Ends: 13:00

Standard price

£0.00 excl VAT

Network Member Price

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About this event

Smart procurement has the power to help drive economic recovery however, procurement fraud is a significant risk that can’t be ignored. Bid-rigging, where suppliers get together to decide among themselves what they will bid and who will win a contract can increase prices by at least 20%, and those involved will often go to great lengths to hide wrongdoing.

Speakers

In this session CIPFA’s Counter Fraud Expert Marc McAuley and Procurement Specialist Mohamed Hans will be joined by Richard Brown from the Competition and Markets Authority (CMA) who will update on the CMA’s recent successes in the fight against cartels with fines imposed against companies running into the tens of millions of pounds. He will draw out important lessons learnt from recent cases that affected public bodies, including common red flags that you should be alert to, to help you spot and report suspicious bidding practices. 

Who should attend this event?

This webinar is a must for anyone who is responsible for their organisation’s procurement and contract management as well as those responsible for anti-fraud initiatives.

How will I benefit from attending?

You will get practical advice on what to look out for to stop bid-rigging taking place. The session will be interactive and is an opportunity for those attending to put questions directly to the CMA.

CPD hours

1

Topics

  • Counter fraud
  • / Financial management
  • / Performance improvement and policy
  • / Property
  • / Value for money

Speaker - Marc McAuley, Senior Counter Fraud Consultant, CIPFA

Marc McAuley

Marc is CIPFA's Senior Counter Fraud Consultant. He is also the institute's representative on the Fighting Fraud and Corruption Locally board, the government’s Cross Sector Advisory Group and the CCAB’s Economic Crime Panel.

Speaker - Mohamed Hans, Insurance Advisor

Mohamed Hans

Mohamed is an experienced procurement solicitor who has been a CIPFA Advisor since January 2004, running CIPFA professional networks on various subjects and sectors with over 200 subscribing authorities. He represents CIPFA at various key insurance events.

Speaker - Richard Brown

Richard Brown is an Assistant Director in the Cartels Enforcement team within the Competition and Markets Authority (CMA). He has led investigations in a number of cartel investigations (both civil and criminal cases). Most recently Richard investigated a construction cartel case where 10 construction firms have provisionally been found to have illegally colluded to rig bids for demolition and asbestos removal contracts. Richard has been at the CMA since its creation in 2014 having joined one of its precursor agencies, the OFT. Richard is by background a criminal barrister who practised for 10 years in the criminal courts defending and prosecuting the full range of criminal offences. He then joined the Government Legal Service in 2008 working at the Serious Organised Crime Agency where he conducted civil recovery proceedings, aiming to seize the proceeds of unlawful conduct. He also worked in the Attorney General’s Office advising on the wide spectrum of legal issues and litigation directly involving the Attorney General, in particular the potential adverse impact of reporting on high profile judicial proceedings.