Risk factors at bidding phase |
B01 | Improper criteria for pre-qualification & eligibility to bid |
B02 | Inappropriate method to select a preferred bidder |
B03 | Unclearly defined SOW of the contractor |
B04 | Period of construction time not considering the local conditions |
B05 | Incorrect budget estimate published at a bid announcement |
B06 | Lack of clarification on the delay damage clause |
B07 | Insufficient explanation on the lump sum price contract |
B08 | Inapplicable clauses of the disputes and arbitration |
B09 | Inappropriate clause of the priority of design documents (drawings, specification, BOQ) |
B10 | Inapplicable clauses of AP bond, P-bond, defects liability bond |
B11 | Insufficient explanation on the application of VAT & tax exemption issues (e.g., refund procedure, a party in charge) |