Bidding Law of People's Republic of China (PRC)
Article 33 A bidder shall not bid at a price lower than the cost, nor shall he bid in the name of others or defraud the bid by other means.
Article 54 If a bidder bids in the name of another person or cheats in other ways to win the bid, its bid is invalid, and if losses are caused to the tenderer, it shall be liable for compensation according to law; If a crime is constituted, criminal responsibility shall be investigated according to law.
If the bidder of a project subject to tender according to law commits one of the acts listed in the preceding paragraph, which does not constitute a crime, he shall be fined between 0.5% and 0. 10% of the winning project amount, and the person in charge directly responsible for the unit and other directly responsible personnel shall be fined between 0.5% and 0. 10% of the unit fine amount; Illegal income, confiscate the illegal income; If the circumstances are serious, it shall be disqualified from bidding for projects that must be subject to tender according to law within one to three years, and shall be announced until its business license is revoked by the administrative department for industry and commerce.
Regulations of People's Republic of China (PRC) Municipality on the Implementation of the Bidding Law
Article 51 In any of the following circumstances, the bid evaluation committee shall reject its bid: (7) Bidders have committed illegal acts such as collusion in bidding, fraud and bribery.
According to the above laws and regulations, if a bidder practices fraud in the bidding process, the bid evaluation committee shall reject his bid, which is invalid, and may also bear the legal responsibilities stipulated in Article 54 of the Bidding Law of People's Republic of China (PRC). Although you are a company employee appointed by the company, you may be investigated for certain legal responsibilities if you participate in false bidding.