Description of risks to contract performance
The risks identified are considered "known risks" under the Procurement Act 2023. While they cannot be fully eliminated at this stage, the contracting authority will monitor these risks throughout the contract lifecycle. Mitigation measures will include regular performance reviews, contingency planning, and compliance checks to minimize impact on service delivery and value for money.
Known risks:
Supplier insolvency or bankruptcy, leading to service disruption, loss of materials, and potential financial loss.
Non-performance, where the supplier fails to meet agreed milestones or timelines.
Transition risk - no clear exit plan causing disruption if the supplier changes or withdraws.
Poor delivery quality or substandard performance due to insufficiently trained or inexperienced supplier personnel.
Decommissioning of buildings.
New buildings not yet constructed.
Merger with another university/college.