Agenda No 14 AGENDA MANAGEMENT SHEET Name of Committee Cabinet Date of Committee 19 June 2008 Report Title Office of Fair Trading (OFT) Competitions Act Investigation into the Construction Sector Summary On the 17th April 2008 the Office of Fair Trading issued Statement of Objections against 112 construction companies alleging price fixing activities and in particular the practice of cover pricing. Of the 112 companies, 18 of these have completed projects for Warwickshire County Council. This paper provides Members with an overview of the investigation and the Councils exposure to risk from the investigation. The paper suggests a number of action areas for officers in response to the investigation. For further information Steve Smith please contact: Head of Property Tel: 01926 412352
[email protected] Would the recommended No. decision be contrary to the Budget and Policy Framework? Background papers None CONSULTATION ALREADY UNDERTAKEN:- Details to be specified Other Committees .................................................. Local Member(s) X Not Applicable Other Elected Members Councillor D Booth, Councillor G Atkinson, Councillor J Haynes, Councillor K Browne, Councillor Mrs E Goode, Councillor J Appleton Cabinet Member X Councillor A Cockburn, Councillor M Heatley Chief Executive .................................................. Legal X Barry Juckes, Property Projects & Contractors Team Leader Cabinet 220508 OFT v6.doc 1 of 12 Paul White, County Procurement Manager Tony Maione, Employment Company & Commercial Team,