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Unforeseen events definition
Events or circumstances in the procurement process that cannot be foreseen by the bidder and that they cannot influence. The risk of unforeseen events must be bore by the client.
What does unforeseen events mean in the procurement process?
Examples of unforeseen events include: conditions dependent on success of tender, War, Environmental disaster, technical issues. In the case of such events, the bidder’s price estimated is affected due to the change of circumstance. It is the client who must outline specifics when creating service descriptions such as: Bidder may not be burdened with unusual risk over which they have no control over. The bidder must have knowledge of all price altering circumstances. the service must be able to be completed within the framework.
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