No.

Risk Heading

Definition

Allocation

public sector

private sector

shared

6.1

Termination due to default by the procuring entity

The risk that the procuring entity defaults leading to contract termination and compensation for the private sector.

6.2

Default by the operator leading to step-in by financiers

The risk that the operator or individual service providers default and financiers step-in leading to higher costs than agreed in the contract.

6.3

Termination due to default by the operator

The risk that the operator defaults and step-in rights are exercised by financiers but that they are unsuccessful leading to contract termination.