FIRM BIDDING BEHAVIOR IN HIGHWAY PROCUREMENT AUCTIONS: AN ANALYSIS OF SINGLE-BID CONTRACTS, TACIT COLLUSION, AND THE FINANCIAL IMPACT ON KENTUCKY
Recently, the American Association of State Highway and Transportation Officials (AASHTO) indicated lack of competition and single-bid contracts in asphalt paving as a major issue facing state transportation departments. Single-bid contracts indicate a lack of competition which increases costs to st...
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| Format: | Others |
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UKnowledge
2011
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| Online Access: | http://uknowledge.uky.edu/gradschool_diss/191 http://uknowledge.uky.edu/cgi/viewcontent.cgi?article=1196&context=gradschool_diss |