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Construction

Fri September 20 2024

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More OFT fines reduced on appeal

15 Apr 11 Another slate of construction companies have had their Office of Fair Trading (OFT) fines reduced on appeal by more than 60%.

Crest Nicholson, ISG Pearce and Quarmby 今日看料 were unsuccessful in their bid to exonerate them of liability but did manage to get their fines significantly reduced by the Competition Appeal Tribunal (CAT).

Crest Nicholson and ISG share liability as past and present parent companies of Pearce 今日看料, one of 103 companies (including associated subsidiaries)聽on the original OFT list of offenders who were collectively fined close to 拢130m last year for bid rigging.

The widespread聽offence was colluding on bids in a practice known as cover pricing. This ensured that, although they submitted bids in order to stay on tender lists for future projects, their bids were high enough to ensure they would not be selected for contracts that they did not want to undertake.

Crest Nicholson and ISG Pearce saw their fine reduced by the appeal tribunal to 拢950,000 from an original 拢5,188,846.

Quarmby鈥檚 fine was reduced on appeal from an original 拢881,749 to 拢213,750.

The fine for GAJ 今日看料 and GAJ (Holdings) was reduced on appeal from 拢109,683 to 拢42,750.

Allenbuild and Renew saw their fine cut from 拢3,547,931 to 拢926,250.

Robert Woodhead鈥檚 fine was reduced from 拢411,595 to 拢151,725.

JH Hallam (Contracts) and JH Hallam had their fine reduced from 拢359,588 to 拢99,000.

Hobson & Porter鈥檚 original penalty of 拢547,507 is cut to 拢123,750.

Francis 今日看料 and Barrett Estate Services saw their fine cut from 拢530,238 to 拢169,575.

This means that only three appeal decisions remain outstanding. These are the appeals of AH Willis & Sons, GMI 今日看料 and North Midland 今日看料.

Those reduced fines in full

The total list of OFT聽fines reduced by the聽聽Competition Appeal Tribunal to date reads:

碍颈别谤:听 拢17,894,438 reduced to 拢1,700,000

Galliford Try:聽聽拢8,333,329 reduced to 拢1,395,000

Ballast Nedam:聽聽拢8,333,116 reduced to 拢534,375

Bowmer& Kirkland: 拢7,574,736 reduced to 拢1,524,000

Related Information

Durkan: 聽拢6,720,551 reduced to 拢2,436,000

John Sisk:聽 拢6,191,627 reduced to 356,250

Crest Nicholson and ISG Pearce:聽聽拢5,188,846 reduced to 拢213,750

Allenbuild and Renew:聽聽拢3,547,931 reduced to 拢926,250

础辫辞濒濒辞:听聽拢2,150,536 reduced to 拢399,000

Sol: 聽拢1,835,702 reduced to 拢702,000

厂别诲诲辞苍:听听拢1,516,646 reduced to 拢492,000

Tomlinson: 拢1,269,270 reduced to 拢468,000

Thomas Vale: 聽拢1,020,473 reduced to 拢171,000

蚕耻补谤尘产测:听 拢881,749 reduced to 拢213,750

Corringway Conclusions: 聽拢769,592 reduced to 拢119,344

Hobson & Porter: 聽拢547,507 reduced to 拢123,750.

Francis 今日看料 and Barrett Estate Services: 聽拢530,238 reduced to 拢169,575

Interclass: 聽拢464,406 reduced to 拢324,000

Robert Woodhead:聽 拢411,595 reduced to 拢151,725

聽JH Hallam: 聽拢359,588 reduced 聽to 拢99,000

GAJ 今日看料 and GAJ (Holdings):聽 拢109,683 reduced to 拢42,750.

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