cover pricing

04:19 Oct 9, 2020

This question was closed without grading. Reason: No acceptable answer

English to Russian translations [PRO]
Law/Patents - Law (general)

English term or phrase: cover pricing

• Conversations with competitors, also in informal settings, should only take place if (1) there is a compelling reason, and (2) there are no antitrust issues.
• Even if there is a seemingly compelling reason for being in contact with a competitor, information exchange about following topics is not allowed:
- Prices, price components or other conditions,
- Allocation of customers, markets or territories,

- Offers or project tenders as well as conduct during tenders or engaging in cover pricing. Exceptionally, it is possible to talk to a competitor about a specific project if Siemens is not able to bid alone and contemplates entering into a consortium or a subcontractor relationship with the said competitor.

Николай KudoZ activity Questions: 2781 (2 open) (73 closed without grading) Answers: 0 Russian Federation
Local time: 09:03

Summary of answers provided

3 +2

заявка прикрытия

Oksana Gromyk-Vidal

Answers

2 hrs confidence:

peer agreement (net): +2

заявка прикрытия

Explanation:
Заявки прикрытия либо символические (формальные) заявки обычно подаются в тендерах на конкурсной основе. Подающей такую заявку стороне заведомо известно, что она не выиграет тендер.

(Cover pricing occurs in competitive tenders and typically takes place when one company wishes to submit a tender that they know will result in them not being awarded the contract. The practice evolved to address a perception that a company that did not submit a tender following an invitation to do so, would not be asked to submit future tenders by that client. Typically cover pricing involves the company contacting a competitor who is also bidding to find out sensitive pricing information (the “cover price”) to ensure that if they exceed that cover price their bid will be unsuccessful. )

Example sentence(s):

Подача заявок прикрытия призвана создать впечатление настоящей конкуренции
Заявки прикрытия (также именующиеся дополнительными, вспомогательными, формальными или символическими) – это наиболее распространенный �

https://www.slideshare.net/testantitrust/ss-76381918
Reference: http://kurgan.fas.gov.ru/news/9007

Oksana Gromyk-Vidal
Local time: 08:03
Specializes in field
Native speaker of:

Russian,

Ukrainian
PRO pts in category: 4

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