Assessing the economic and financial standing of bidders under the DSPCR
Central government has recently come under criticism following the collapse of Carillion in January 2018. The criticism is related to the award of large public contracts to the company despite its publication of a profit warning in July 2018. In light of this criticism, Emily Powell, partner at top 100 law firm Hugh James, asks to what extent can contracting authorities exclude companies from the tendering process following profit warnings? In the UK, the […]
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