This redflag indicates risk if the winning bid price is much higher than cost estimates or industry averages AND/OR bid prices drop when a new or infrequent bidder enters the bidding process AND/OR persistently high or increasingly high bid prices by all bidders
This redflag indicates risk if there are any changes to quality, quantity or specification both to goods and services in the contract deviating from the bidding document AND/OR changes to contract type AND/OR Changes to standard contract clauses (audit, remedies, damages, etc.)AND/OR price schedules are not the same as the winning bid
The indicator tells if the final total value of the contract is higher than the estimated value or if the final value is significantly (50%) lower than the estimate.
The indicator is only relevant in case of framework agreements and it tells if the estimated value exceeds 1.5 billion [5 million EUR] HUF in case of works or 1 billion HUF [3.3 million EUR] in case of acquisition of goods and services.
The numeric indicator scans procurement calls and tells if the estimated value of the procurement exceeds 1.5 billion HUF [5 million EUR] in case of works or 1 billion HUF [3.3 million EUR] in case of acquisition of goods and services.
The numeric indicator scans award notices and tells if the estimated value is not available and the actual final value of the procurement exceeds 1.5 billion HUF [5 million EUR] in case of works or 1 billion HUF [3.3 million EUR] in case of acquisition of goods and services.
This redflag indicates risk if there is an unreasonably large number of contracts awarded just below national competitive bidding treshold [NCB] OR there are related and simultaneous purchases from the same supplier in amounts just under the NCB threshold
This redflag indicates risk if there is a wide and inexplicable disparity in bid prices considering the type of works, goods or services being procured. The Worldbank' Handbook does not indicate the scope of the width.
The indicator tells if the bid bond required by the procuring entity in the procurement call exceeds a limit (2%) compared to the estimated value of procurement, as demanding a too high bid bond might restrict competition.