Question: Develop and explain a specific solution to prevent or reduce the likelihood for each of the Pre-contract stage fraud schemes: (Elaborate with details on how

Develop and explain a specific solution to prevent or reduce the likelihood for each of the Pre-contract stage fraud schemes: (Elaborate with details on how your solution will work!)

1. Bid-rigging schemes

2. Bid suppression schemes

3. Complementary bids/Bid rotation schemes

4. Phantom bids schemes

5. Bid tailoring schemes.

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