Risks are external or uncertain factors that do not depend entirely on you, but can complicate your participation or the execution of the contract. Some common ones include:
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Changes in regulations or specification criteria that may affect your bid.
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Unexpectedly strong competition, with more experience or better resources.
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Supply or logistics problems, especially if you depend on third parties or scarce materials.
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Unforeseen cost increases, making contract fulfillment more expensive than estimated.
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Errors or ambiguities in the specifications that affect all bidders and may lead to claims or requests for clarification.
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