The unethical practice of contractors supplying bid amounts from subcontractors to other subcontractors is known as ____.

Respuesta :

The unethical process and ways by which contractors supply bid amounts from subcontractors to others are known as bid shopping.

What is Bid Shopping?

Bid shopping is the strategy of pressuring subcontractors to provide a cheaper price following a general contractor's proposal that has been approved and the contract is given. It's an unethical approach that jeopardizes the bidding process.

Bid shopping, at the very least, endangers relationships between agencies, contractors, as well as subcontractors. It also skews free-market prices by inflating early subcontracting estimates or deflating them with unsustainable low projections.

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