Manage variations

Variations to the project agreements, such as adjustments in output requirements requiring changes in design fit-out quality, could lead to a price variation and may impact on the value for money that government may gain from the project agreements.

Any necessary variation in key performance standards or payment arrangements over time should be formalised in variations to the project agreements and not accommodated in informal or ad hoc arrangements.

Variations to the project agreements should not change the agreed risk allocation without appropriate price compensation.