Audit uncovers possible ‘bid-rigging’ in city paving contracts

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City staff have contacted Toronto police after an audit found several “red flags” about potential bid-rigging involving certain outside paving contractors, which could be costing the city millions every year.

Inflated prices by one contractor cost the city an additional $2.5 million in contract costs over five years, according to the Auditor General’s Office. That same contractor “dominated” one district by winning 92 per cent of the contracts it bid.

Read more at CBC News

This article is summarized by Canadian Fraud News Inc.