Section 41-16-55 Effect of agreements or collusion among bidders in restraint of competition; knowing participation in collusive agreement.
Section 41-16-55
Effect of agreements or collusion among bidders in restraint of competition; knowing participation in collusive agreement.
Any agreement or collusion among bidders or prospective bidders in restraint of freedom of competition, by agreement, to bid at a fixed price or to refrain from bidding or otherwise shall render the bids of such bidders void and shall cause such bidders to be disqualified from submitting further bids to the awarding authority on future purchases.
Whoever knowingly participates in a collusive agreement in violation of this section involving a bid or bids of fifteen thousand dollars ($15,000) and under shall be guilty of a Class A misdemeanor and, upon conviction, shall be punished as prescribed by law.
Whoever knowingly and intentionally participates in a collusive agreement in violation of this section involving a bid or bids of over fifteen thousand dollars ($15,000) shall be guilty of a Class C felony, and upon conviction shall be punished as prescribed by law.
(Acts 1967, Ex. Sess., No. 217, p. 259, §4; Acts 1984, No. 84-471, p. 1091; Acts 1988, No. 88-540, p. 838, §2; Act 2008-379, p. 703, §1.)