Compliance Review Services for Tendering and Bidding
Our Compliance Review Services for Tendering and Bidding allow quick identification of legality and compliance of bidders and discovering compliance risks such as bid-collusion by subsidiaries and bid rigging. They also support customers and their partners to prevent such risk, while avoiding situations involving dishonesty and unfair competition in collaboration with upstream and downstream enterprises.
Situations in which tendering is compulsory and its application scenarios
Situations in which tendering is compulsory
- Large-scale infrastructure and public utilities
Projects which involve social public welfare and public security, excluding special circumstances such as projects involving state secrets, emergency rescue, implementation of work relief program using poverty alleviation funds as well as employment of migrant workers. - Projects using state-owned funds or financing
Projects which fully or partially use state-owned investment funds or state financing. - Projects using government loans or aid funds
Projects which use loans or aid funds from international organisations or foreign governments. - Large construction projects
Individual construction contracts estimated to cost CNY 4 million (originally CNY 2 million) or higher. - Procurement of key equipment and materials
Procurement of key equipment and materials with individual contracts estimated at more than CNY 2 million. - Large service procurement
Procurement of survey, design and supervisory services with individual contracts estimated at more than CNY 1 million.
Application scenarios
- Tendering and bidding agency
- Corporate management
- Partner selection
Applicable customer groups
- Legal Department
- Purchasing Department
- Contract Review Department
- Risk Management Department
- Compliance Department
How Experian can help
Flexible and customised offline delivery
Can be used in tandem with Due Diligence Monitoring Services
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