Authoritative Guidance Summary

2. This guidance note provides advice to acquisition teams on the identification, allocation, analysis, treatment and management of risk in PFI projects. Users of this document should gain:

(a) a clear understanding of the importance of risk in PFI projects,

(b) an appreciation of the appropriate methods for the management of risks,

(c) an appreciation of current thinking and best practice for risk management of PFI projects, and

(d) an appreciation of a standard risk allocation matrix for a SoPC4 and MOD PAv1 compliant contract.