Contractor will 'carefully consider' details of decision over cover pricing and grounds for appeal

Contractor Willmott Dixon is considering an appeal against the Office of Fair Trading鈥檚 decision to fine the firm 拢4.5m for cover pricing.

The firm said it would 鈥渃arefully consider鈥� the detail of the OFT鈥檚 findings and 鈥渃ontemplate whether any further action is required, including any grounds for appeal鈥�.

The contractor was hit with the fine, payable over three years, after being implicated in anti-competitive behaviour in relation to three tenders.

It said it had introduced a 鈥渕ore robust鈥� competition law compliance policy since the incidents were brought to its attention and would strive to ensure the breaches would not happen again.

鈥淲e hope that our customers, our staff and our shareholders will recognise that to have been implicated in this investigation 鈥榝lies in the face鈥� of everything Willmott Dixon Group stands for,鈥� it said.

Topics