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)
This redflag indicates risk if the total amount paid to the contractor exceeds invoiced amount AND/OR invoice prices, amounts, item descriptions or terms exceed or do not match (contract terms, receiving or inventory records, supporting documents) AND/OR multiple payments occured in the same time period for the same or similar amount to the same or related vendors, for the same invoice, for the same goods, works, or services AND/OR multiple invoices were submitted with the same description of goods or services, amount and vendor, invoice number and date, purchase order number.
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 are multiple sole source awards or direct contracting to the same company within the same procuring unit, where the items should have been procured separately (e.g., the additional activities are not a natural continuation of the existing contract)