Identify significant risks

Identify (in broad terms) the significant risk issues raised by contract management (for example, Inadequate monitoring of private party performance). As discussed in Chapter 2 of this guide, the significant risks may include:

•  risks allocated to the government party in the project deed (and associated project contracts);

•  risks arising from issues not resolved at contract execution;

•  the process for managing risks arising from issues not resolved at commercial acceptance;

•  residual risk to the government party of risks contractually allocated to the private party;

•  risks arising from ineffective public sector management; and

•  risks associated with proposed changes to the contractual arrangements.