>

Operational

Ser	Risk Title	Risk Description	MoD	Shared	Bidder	Remarks
Operational
	Failure to accurately specify/capture a clear requirement		•
	Inadequate Contractors Proposals/method statements				•
	Construction risk				•
	Maintenance risk				•
	Replacement/renewal risk				•
	Wear & tear (over utilisation of asset)				•
	Delay in getting access to Site		•
	Latent defects (of new assets)				•
	Condition of Authority Sites - Latent defects			•
	Condition of Authority Sites - Patent defects				•
	Interface with existing MoD activities			•
	Acceptance/demonstration (eg IC appointment/certification)			•
	Demand risk		•
	Third Party Revenue			•
	Design & development				•
	Integration risk (of assets, hard fm, soft fm, & services eg training)				•
	Failure to deliver services -Performance standards (ie Poor performance)				•
	Failure to deliver assets - Availability standards (ie build to design or on time)				•
	Poor performance monitoring and management regime/mechanism			•
	Construction costs				•
	Operating costs				•
	Benchmarked/Market Tested costs (at agreed points)			•
	Residual value		•
	Poor configuration control				•
	Poor condition of buildings being transferred				•
	Provision of GFA		•
	Provision of Existing Assets		•
	Disposal of surplus Existing Assets			•
	Condition of assets on expiry/termination				•
	Authority damage to assets (eg barrack damage, misuse, vandalism, theft, accidental damage)			•
	Existing Contracts (aligning/terminating)		•
	TUPE transfer of Authority Employees			•
	TUPE transfer of 3rd Party Employees				•
	Employee risk (costs/redundancy etc)				•
	Contractor and Sub-contractor resource availability				•
	Financing				•
	IPR			•
	Visibility/granularity of baseline costs for pricing change			•
	Measures in a Crisis		•
	Contractor Default				•
	Authority Default		•
	Authority Voluntary Termination		•
	Relief Event			•
	Compensation Event		•
	Force Majeure			•
	Security compliance & Disclosure of Secret Matters				•
	Financial robustness of Consortia/Contractor				•
	Contractor warranties & undertakings				•
	Change of Contractor/SPV ownership				•
	Authority disclosed data				•
	Refinancing			•
	Contractor's on Deployed Operations (CONDO) and Sponsored Reserves			•
	Contractor's Indemnities				•
	Insurance			•
	Uninsurability		•
	Military Ethos			•
	Interest in Land		•
	Spanning works			•
	User satisfaction				•
	Relationships between MoD/Contractor			•
	MoD resources & skills (practical commercial/financial experience in teams)		•
	Effective Governance		•
	Appropriate MoD leadership and engagement at senior levels		•
	Market (number of contractors and level of interest)			•
	Contractor/bidder track record - are they credible (partnering behaviours)		•
	Value for money			•