5.4  How does the private sector manage the risks which it is allocated?

In relation to the usual risks common to Great Britain and Northern Ireland, the private sector will manage risk through the pass-through of obligations in the sub-contracts and through adequate insurance arrangements. With regard to the equality and employment provisions, the private sector must ensure that robust practices are in place internally, both within the SPV and its sub-contractors, which observe the requirements of the applicable legislation. New standard form drafting which seeks to address these and other issues is currently being consulted upon by the SIB.