scope:

This Management Procedure applies to all contracts where work is undertaken on behalf of the Programme Director Track.

This procedure is to be implemented by the Head of Contracts & Procurement Track and delivered by the Territory Commercial Managers.

To properly deliver the scope, the TCM must

• Understand the specific requirements of the conditions of Contract

• Have checked the accuracy and veracity of the Contractors cost systems to ensure they accurately capture information.

This Management Procedure

o explains the process of development of the Risk Register and

o explains the mechanism for the accommodation or mitigation of risks

o sets out how control measures for identification and mitigation of potential risks are managed.

There are ten RT 24 Track Renewals Contracts.

1. Scotland, Contract for Plain Line Track Renewals (First Engineering)
2. North West, Contract for Plain Line Track Renewals (First Engineering)
3. West Midlands, Contract for Plain Line and S&C Renewals (Carillion)
4. LNE (incl Scotland S&C), Contract for Plain Line and S&C Renewals (Jarvis)
5. East Midlands (Incl. Southern), Contract for Plain Line and S&C Renewals (G/rail)
6. Great Western, Contract for Plain Line Renewals (Amey SECO JV)
7. Great Western, Contract for Plain Line and S&C Renewals (Carillion)
8. Southern (Incl. Anglia), Contract for Plain Line and S&C Renewals (BBRIS)
9. National, Contract for High Output Plain Line Track 2 Renewals (FeSW)
10. National, Contract for High Output Plain Line Track 3 Renewals (FeSW)

Purpose

The purpose of this document is to outline the risk management process established to identify, control and mitigate risks with an impact on the Employer in terms of cost and time. Risk shall be positively and pro-actively managed in accordance with the provisions of this procedure.

Where there is any discrepancy between this procedure and specific Contract provisions, the conditions of Contract shall take precedence.