Virgin Islands Affidavit of Non-Collusion by Prime Bidder

State:
Multi-State
Control #:
US-03245BG
Format:
Word; 
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Description

In public construction projects an Affidavit of Non-Collusion is generally required. In this Affidavit, the Affiant: States that the bid or proposal is genuine; States that the bid or proposal is not done in the interest or on behalf of any unnamed person; Certifies that the bidder has not conspired with or solicited another company to create a fake bid for comparative purpose; Certifies that the bidder has not asked competitors to refrain from bidding; and Certifies that the bidder has not conspired with a competitor or other company to create an unfair advantage over other bidders.

The Virgin Islands Affidavit of Non-Collusion by Prime Bidder is a legal document that serves as a declaration by a prime bidder in a procurement process, asserting that they have not engaged in any collusive or anti-competitive practices with other bidders. It is required by the government agencies or entities responsible for contracting in the Virgin Islands to ensure fair competition and transparency in the bidding process. This affidavit serves as a sworn statement that the prime bidder has not entered into any agreements, either explicit or implicit, with other bidders to manipulate or influence the bidding process. It confirms that there has been no collusion, price-fixing, or any other activity intended to hinder fair competition or harm the interests of the contracting agency. The Virgin Islands Affidavit of Non-Collusion by Prime Bidder typically includes the following key information: 1. Identification of the prime bidder: The affidavit starts with the name, address, and contact details of the prime bidder, including their legal business name, registered address, and relevant contact information. 2. Project or contract details: It outlines the specific project or contract for which the bidding is taking place. This includes details such as the contract number, project description, bid opening date, and any other relevant identifying information. 3. Non-collusion statement: The prime bidder explicitly states that they have not colluded with any other bidder or engaged in any anti-competitive practices manipulating the bidding process. This statement should cover both direct collusion (e.g., through meetings, communication, or agreements) and indirect collusion (e.g., sharing of confidential information or bid strategies) with other bidders. 4. Legal affirmation: The affidavit requires the prime bidder to affirm that the information provided is true and accurate to the best of their knowledge. This statement also acknowledges that any false information or collusion identified later may result in disqualification, legal action, or other penalties. Different types of the Virgin Islands Affidavit of Non-Collusion by Prime Bidder may arise based on specific industry sectors or government entities. For instance, there might be variations required by the Virgin Islands Water and Power Authority, the Department of Property and Procurement, or the Department of Public Works. Adjustments may include additional fields, sector-specific regulations, or organizational preferences. However, the core purpose of the affidavit remains the same across these different types, which is to ensure fair competition, transparency, and ethical conduct throughout the bidding process.

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FAQ

Bid RiggingBid suppression: One or more of the colluding parties will respond with no-bid so the winning bid can be awarded to another bidder by default.Bid rotation: Colluding parties take turns at being the winning bidder in a particular market or area.More items...

Thus, a local government must award a contract to the lowest bidder meeting the criteria for being responsible, even if another bidder is substantially more responsible and its bid only slightly higher than the low bidder.

Bid rigging, also referred to as collusive tendering, occurs when two or more competitors agree they will not compete genuinely with each other for tenders, allowing one of the cartel members to 'win' the tender.

Collusion is a non-competitive, secret, and sometimes illegal agreement between rivals which attempts to disrupt the market's equilibrium. The act of collusion involves people or companies which would typically compete against one another, but who conspire to work together to gain an unfair market advantage.

A Prime Contract is a legal agreement between contracted parties. In a single, two-party contract, the party financing the construction project is called the client, owner, or principal. The party being paid to ensure completion of work is called the general, primary, or main contractor.

Guide to Antitrust Laws Bid rigging can take many forms, but one frequent form is when competitors agree in advance which firm will win the bid. For instance, competitors may agree to take turns being the low bidder, or sit out of a bidding round, or provide intentionally high bids to cover up a bid-rigging scheme.

The bid contract process may yield a higher final price, but reduces the need for collaboration. The negotiated process will likely yield a lower price, but a positive outcome is heavily dependent upon the quality of the firm selected. There you have it.

honored method of detecting collusion is finking by a dissident cartel member or an ex employee, or the complaints of customers. Such evidence has obvious attractions, but one should be suspicious of complaints by a rival firm not party to the conspiracy.

bid auction is a type of auction in which bids are not viewed until the auction date. The bids are sealed, often physically in an envelope, and are all opened at once. Sealedbid auctions are generally used in bidding for government contracts.

Sealed bidding prohibits discussions, price, or otherwise, between the bidders and the Department after bid opening. For this reason, negotiation is recommended for posts abroad. a. Negotiation refers to any U.S. Government acquisition method that is not sealed bidding.

More info

(a Partner or Officer of the Firm of, etc.) the party making the foregoing bid, that such bid is genuine and not collusive or; that said bidder. Pursuant to Title 19, Subsection 245 (a) of the Virgin Islands Code, the Government HospitalsAppendix E: GVI Non-Collusive Affidavit.Bid Bond. Non-Collusion Affidavit. Certificate of Non-IndebtednessPennsylvania, as per specifications on file in the Office of the Purchasing ... The Contract Documents constitute the complete agreement between the City and5162 NON-COLLUSION AFFIDAVIT TO BE EXECUTED BY BIDDER AND ... Non-Collusion Affidavit of Prime Bidderthe contract itself and, when issued, will be on file in the City Clerk's office atand the Virgin Islands. Theater - 38B Company Street, Christiansted, St. Croix, USVI(3) Such bid is genuine and is not a collusive or sham bid;. 6.3 No Offer by British Virgin Islands Government; Firm Offer byA Bidder must submit a complete Proposal in response to this RFP in the ... 3 days ago ? on the bid item, some items may not be applicable. If the biddernon-conforming bid security, non-conforming non-collusion affidavit or. Formal Purchases a. Competitive Bid (IFB-Invitation For Bid) b. Competitive Proposal (RFP-Request For Proposal) c. Non-Competitive Proposal ... These Contract Documents include a complete set of bidding and contract forms which are for the convenience ofNONCOLLUSION AFFIDAVIT OF PRIME BIDDER.

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Virgin Islands Affidavit of Non-Collusion by Prime Bidder