This book examines construction procurement, including project financing and BOT (Build-Operate-Transfer System), as well as bid rigging with its main characteristics and indicators. It gives an overview of bid rigging in construction procurement concerning some forms, objectives, and consequences, as well as various features of the construction industry that are significant for the analysis of collusion in public tenders.
Furthermore, the importance of FIDIC (International Federation of Consulting Engineers) was highlighted and its role in this area was explained.
The paper emphasizes the complexity and importance of construction procurement to be taken into account when procuring construction works and the need to reduce irregularities in public procurement procedures.
Certain features of industry and market are favorable to bid rigging in construction procurement. Taking into consideration some conditions in the construction procurement market that support bid rigging, this book gives an overview of relevant measures aimed at increasing transparency, promoting integrity, and preventing corruption in construction procurement.
Readers' Favorite 5-star reviews
Book reviews excerpt
"Construction Procurement and Bid Rigging is an excellent, laser-focused, exhaustively researched, and accessibly written guide bursting with insight, historical context, practical advice, and real-world examples for readers interested in the fields of public procurement, project financing, and construction management."
"Jokovi has the book I wish I had read 15 years ago, but here it is now for readers who want to be in a better position with procurement and bid rigging."
- Reviewed by Jamie Michele for Readers' Favorite
"In Construction Procurement and Bid Rigging, public procurement expert Slavica Jokovi covers all aspects of construction procurement and sheds light on measures to negate bid rigging and maintain a transparent and ethical approach to construction procurement. From project financing to BOT, short for the Build Operate Transfer system, Jokovi takes us through a step-by-step overview of the various bidding approaches."
"The most impressive aspect of Slavica Jokovi's writing is that despite the somewhat unfamiliar subject matter, it is very accessible and easy to read. It somehow manages to ignite a spark of interest in construction procurement and keeps you engaged until the end. The writing is crisp and to the point, creating a concise narrative that is informative and absorbing as you find yourself immersed in the pages. I highly recommend this book to anyone involved in the construction industry."