- Risks of waste or inefficiency in all aspects of the procurement process, due to a lack of awareness on the part of the stakeholders involved or due to an objective difficulty in the case of complex projects;
- Financial risks, particularly during periods of severe economic and financial uncertainty;
- Risks of fraud, misuse of public funds or corruption, in case of misappropriation and
- Reputational risks/potential damage to the image of the contracting authority too.
These risks should be actively managed, particularly in the framework of large events and large infrastructure projects where such risks are increased.