Table 4 Risk factors at bidding phase

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)
Source: Oh (2018).