Competition record
Asphalt Specialists
Deep profile · 1 linked library matter
Asphalt Specialists, known as ASI, paved roads and lots in Michigan. A court sentenced the company to a $6.5 million criminal fine for cover bidding.
Overview
Asphalt Specialists is a Michigan paving firm. It bids to lay asphalt for public roads and private sites. In a clean tender, each paver prices the job without knowing that a rival has already been promised the win.
Prosecutors showed a conspiracy to rig those bids. The firm that was supposed to win submitted the real number, and others submitted cover bids that were intentionally too high to be chosen. Customers saw several quotes and did not see that the ranking had been arranged. Executives in the case faced prison.
ASI was sentenced to a $6.5 million criminal fine. The broader investigation produced corporate criminal fines of more than $8.2 million. The library status is fined. Al's Asphalt and F Allied Construction are the other paving firms named with ASI in this library.
Competition footprint
The $6.5 million fine is ASI's corporate criminal sentence.
Cover bids manufacture a false low bid for the customer.
Individual executives faced prison, which is separate from the company fine.
Consumer & business angle
Public agencies and private owners paid for paving that had not been competitively bid.
The pavers who submitted the losing cover prices were the other parties to the arrangement.
What to watch
- Sentencing records that tie the $6.5 million fine to ASI specifically.
- Bid patterns on Michigan paving jobs that still show complementary high quotes.
Markets
asphalt paving · Michigan construction · local construction · government contracting · small business cartels
Also known as: asi, asphalt specialists llc