Coaxial cable, or coax (pronounced / Ë k oÊ. Ã¦ k s /), is a type of electrical cable that has an inner conductor surrounded by a tubular insulating layer, surrounded by a tubular conducting shield.
DEFINITION of 'Bid Rigging'. A scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre-determined price.Bid rigging stifles free-market competition, as the rigged price will be unfairly high. The Sherman Act of 1890 makes bid rigging illegal under U.S. antitrust law. scheme in which businesses collude so that a competing business can secure a contract for goods or services at a pre-determined price. Bid rigging stifles free-market competition, as the rigged price will be unfairly high.
This paper was prepared by the Interdepartmental Bid Rigging Investigations Coordinating Committee, which was formed in August 1982 to refine the joint investigative efforts of the Department of Transportation and the Department of Justice in the area of highway and airport construction contract bid rigging.he object of this portion of the paper is to present a methodology that can be utilized to detect collusion in highway construction contracts. This methodology has been utilized successfully in previous bid rigging investigations.