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by dingallero 2621 days ago
And this is a problem. Lowest-bidder-wins always creates a race to the bottom.

At least in the province of Venice, there was a complicated set of rules to pick between bidders of public contractors - so the law is certainly not universal in this regard.

If I recall correctly, it was based on percentiles instead of taking just the lowest bidder in an attempt to avoid companies racing to the bottom.

This in turn created a system where winning ad these bids was mostly by chance, and unsurprisingly was found to be rigged several times. But I digress...