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 a successful bidder subcontracts work to losing bidder(s), which may include those that withdraw their bids AND/OR cross-ownership of bidding companies or family ties (similar names of key staff and owners or family members own the bidding companies)
This redflag indicates risk if a company withdraws its bid often without explanation AND/OR submits incomplete bids too frequently AND/OR submits a fraudulent bid security (indicating that it knows it is not going to win) AND/OR company submits unusually high bid prices (especially if prices are rounded or unnatural numbers occur)
The indicator is only relevant in case of procurement procedures for framework agreements and it tells if the procuring entity intends to conclude framework agreements with fewer bidders than the legal minimum (3). This indicator is built upon legal provisions.
This redflag indicates risk if (more than half of the) companies that buy the bidding documents refrain from submitting bids AND/OR substantially fewer bids have been received than in previous, similar tender AND/OR well-known qualified companies do not bid, especially if they purchased the bidding documents
The indicator tells if the subject of the procurement falls into an area carrying increased risk as defined by the Hungarian Competition Authority based on analysis of former agreements restricting competition. This indicator relies both on external data and data of relevant field of the procurement call.
This redflag indicates risk if there is a suspicious bid pattern that consists of unreasonably high bid prices submitted by losing bidders for which there is no legitimate explanation and which cannot be attributed to an error. The World Bank does not indicate accurate ratio for suspiciously high amount.