Common use of Fraudulent Clause in Contracts

Fraudulent. practice means an intentional misrepresentation of facts made (a) to influence the bidding process to the detriment of Owner, (b) to establish bid prices at artificial non-competitive levels, or (c) to deprive Owner of the benefits of free and open competition.

Appears in 4 contracts

Sources: Construction Contract, Construction Contract, Construction Contract

Fraudulent. practice means an intentional misrepresentation of facts made (a) to influence the bidding process to the detriment of Owner, (b) to establish bid prices at artificial non-competitive non‐competitive levels, or (c) to deprive Owner of the benefits of free and open competition.

Appears in 1 contract

Sources: Bid Form