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. A Particular Contractor Always Winning in a Certain Geographical Area; 2  Contractors Who Bid Frequently, But Never Win; 3  Identical Bid Amounts on a contract Line Item by two or More Contractors. 4  Some instances of identical line item bids are explainable, as suppliers often quote the same prices to several bidders.