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June 23, 2008

China to publicize public bidding fraud

BEIJING, June 23 (Xinhua) -- China's top economic planner said Monday it would publicize incidence of fraud in public bidding from next year.

The move was aimed at standardizing the nation's public bidding market, cracking down on illegal activities and promoting self-discipline in public bidding, the National Development and Reform Commission (NDRC) said.

Under the provisional regulations for publicizing fraudulent activities in public bidding, promulgated by the NDRC and nine other ministerial departments, the records of criminal offences in public bidding would be a key reference in judging the qualification of the relevant public bidding agency and the tender winner as well.

Full Story...

Posted by boyang at June 23, 2008 4:03 PM