An important factor in the delivery of P3 projects is an acceptable allocation of risks to the party or parties best able to manage them. In some cases, the contractor is the appropriate party to manage a risk; in others, the government can better manage the risk; in yet a third case, the risk may be best shared between the two parties.
Table 1 (Appendix B) shows a sample of the risk allocation between the government and the contractor in the P3 contract and schedules. This list is not comprehensive. The P3 contract shows all the allocated risks.
<Provide a numbered list here of 5-7 of the key risks that can be explained in simple terms. Try to get a selection of risks that are transferred, retained, or shared. Include a brief explanation of the risk and to which party it is allocated (max. 50-100 words per risk) >