Comments on: Anger as leaseholders face huge bills http://www.lambethconservatives.com/2009/01/leaseholders-face-huge-bills/ Working in West Norwood, West Dulwich, Streatham, Clapham, Brixton, Herne Hill, Stockwell, Kennington, Vauxhall & Waterloo Mon, 17 Oct 2011 15:37:50 +0000 hourly 1 http://wordpress.org/?v=3.0.3 By: V Connolly http://www.lambethconservatives.com/2009/01/leaseholders-face-huge-bills/comment-page-1/#comment-10 V Connolly Mon, 26 Jan 2009 23:09:10 +0000 http://www.lambethconservatives.com/?p=388#comment-10 Is anyone concerned at the works planned for Lambeth Council Estates in Princes/Oval Ward (e.g. Pella, Malmsey, Duffell, Dunmow Houses etc - 13 in total) where the three tendered prices were £7.4m and £9.2m (and slightly more for the third tender) plus fees. Given that the two named companies (including the one that looks to have been awarded the tender) have been accused of illegal bid rigging and 'cover pricing' by the Office of Fair Trading, aren't these prices suspect and doesn't the whole tender process need to be repeated? p.s. Cover Pricing is deemed endemic in the roofing and construction industry - it is where a group of companies collude to take it in turns to let one company underbid all the others but at a higher rate that would happen in a fair and truly competitive process). It's called a cartel. I look forward to the OFT ruling due next month, but worry it's going to be too late for Lambeth residents and tax payers. Is anyone concerned at the works planned for Lambeth Council Estates in Princes/Oval Ward (e.g. Pella, Malmsey, Duffell, Dunmow Houses etc – 13 in total) where the three tendered prices were £7.4m and £9.2m (and slightly more for the third tender) plus fees. Given that the two named companies (including the one that looks to have been awarded the tender) have been accused of illegal bid rigging and ‘cover pricing’ by the Office of Fair Trading, aren’t these prices suspect and doesn’t the whole tender process need to be repeated?

p.s. Cover Pricing is deemed endemic in the roofing and construction industry – it is where a group of companies collude to take it in turns to let one company underbid all the others but at a higher rate that would happen in a fair and truly competitive process). It’s called a cartel. I look forward to the OFT ruling due next month, but worry it’s going to be too late for Lambeth residents and tax payers.

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