In the United States, bid rigging is a felony criminal offense under Section 1 of the Sherman Act. Even so, bid rigging is still rampant in the construction industry, auto sale auctions, and foreclosed home auctions.In Canada, it is an indictable criminal offence under Section 47 of the Competition Act.id rigging almost always results in economic harm to the agency which is seeking the bids, and to the public, who ultimately bear the costs as taxpayers or consumers. Contents.
Coastal flooding caused by Hurricane Sandy ravaged the Jersey Shore in October 2012. The severity of a coastal flood is determined by several factors, including the strength, size, speed, and direction of the storm.
The effects of hurricanes can be grouped into two: weather and economic. Impact on the weather. Storm Surge. Hurricanes bring about storm surges. The powerful spiral wind action carries water a couple of feet high and lashes it ashore. This can destroy structures and items very close to the shore. Storm surges are the main causes of the floods they bring.