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World News by Wild Rose

#Urban Renewal Authority ร—

Tai Po fire: tendering system canโ€™t stop firms manipulating market, inquiry hears

An official tendering system designed to curb anti-competitive conduct is powerless to combat engineering firms colluding to manipulate Hong Kongโ€™s lucrative building maintenance market, a public inquiry into the cityโ€™s deadliest fire in decades has heard. Testifying on the 21st day of an independent committeeโ€™s hearing, three Urban Renewal Authority (URA) officials said on Thursday that the statutory body had neither the capacity nor the resources to combat bid-rigging linked to estatesโ€™...

Tai Po fire probe: URAโ€™s lack of price checks opened door to โ€˜unscrupulous consultantsโ€™

This story has been made freely available as a public service to our readers. Please consider supporting SCMPโ€™s journalism by subscribing. An independent committee investigating the deadly blaze at Hong Kongโ€™s Wang Fuk Court residential estate is holding its 21st day of evidential hearings on Thursday, with three witnesses from the Urban Renewal Authority set to give evidence. The first witness, URA case manager Matthew Chan Yat-ho, has said the authority was aware of the practice of bid-rigging...