Fiscal 2002 saw roughly 5,500 cases in which the winning bidders for public works and other government contracts clinched the deal at a price that was exactly the same as the upper limit set by the government, according to an official document released Tuesday.
The upper limit for each contract is set by a government institution that awards the contract. The figure is determined before the bidding process and is kept confidential.
The contract is awarded to the bidder that submits the lowest bid.