Eight construction companies – that were among 15 firms that reached settlement agreements with the Competition Commission on bid-rigging, price fixing and collusion charges – are off the hook from disciplinary action planned by the Construction Industry Development Board . The CIDB planned to institute disciplinary action when these companies did not become part of the Voluntary Rebuilding Programme settlement agreement with government, which was signed on 11 October 2016.
Another 24 firms that did not participate in the fast-track settlement process were implicated in collusive tendering by the companies that did participate. These firms were implicated in 31 projects or cases, and seven of them settled with the commission in the second phase of its investigations, resulting in them collectively paying R13.44 million in penalties.