Contract clause Function Delegated to Source of delegation [XX (modifications)] [The government may [Secretary] Contract clause ZZ.1; request modifications by Schedule A notice to the contractor.] [YY (audit)] [The government may [Contract administrator] Contract clause ZZ.2; require the contractor to Schedule B provide an audit report.] etc. Template E: Risk matrix (Refer to section 5.4 of the Partnerships Victoria Contract management guide for more on analysing information, including information about risks.) The suggested structure for the risk matrix is outlined below. Risk Description Consequence Likelihood Severity Allocation Mitigations category and controls (Note 1) Sample only Note 1: Although a risk may be contractually allocated to the private party, for contract management purposes the government party needs to consider mitigations and controls for any residual risk to the government party and controls to prevent inadvertent takeback of the allocated risk. (Residual risk to the government party and takeback risk are discussed in section 2.6 of this guide.) Template F: Issues log (Refer to sections 4.2–4.3, 5.4, 6.6–6.8 of the Partnerships Victoria Contract management guide for more information.) The suggested structure for the Issues log is outlined below.
Contract clause Function Delegated to Source of delegation [XX (modifications)] [The government may request modifications by notice to the contractor.] [Secretary] Contract clause ZZ.1; Schedule A [YY (audit)] [The government may require the contractor to provide an audit report.] [Contract administrator] Contract clause ZZ.2; Schedule B etc. Template E: Risk matrix (Refer to section 5.4 of the Partnerships Victoria Contract management guide for more on analysing information, including information about risks.) The suggested structure for the risk matrix is outlined below. Risk category Description Consequence Likelihood Severity Allocation Mitigations and controls (Note 1) Sample only Note 1: Although a risk may be contractually allocated to the private party, for contract management purposes the government party needs to consider mitigations and controls for any residual risk to the government party and controls to prevent inadvertent takeback of the allocated risk. (Residual risk to the government party and takeback risk are discussed in section 2.6 of this guide.) Template F: Issues log (Refer to sections 4.2–4.3, 5.4, 6.6–6.8 of the Partnerships Victoria Contract management guide for more information.) The suggested structure for the Issues log is outlined below.