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A risky business

By: Series: Municipal Journal ; 4 May 2001, 16(1)Publication details: 2001Subject(s): Summary: Looks at the legacy of CCT procurement, a contracting style that has produced 'risk-dumping' contracts where contractors bear almost all the risk. The private sector has been reluctant to tender because of the potential risks in the contracts being offered. Suggests that risk management issues need to be addressed for local authority contracts with the private sector to work, and outlines ways in which both parties can learn from past experience.
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Item type Current library Call number Copy number Status Barcode
Journal article London Journal article ABS64019 (Browse shelf(Opens below)) 1 Available 112777-1001

Looks at the legacy of CCT procurement, a contracting style that has produced 'risk-dumping' contracts where contractors bear almost all the risk. The private sector has been reluctant to tender because of the potential risks in the contracts being offered. Suggests that risk management issues need to be addressed for local authority contracts with the private sector to work, and outlines ways in which both parties can learn from past experience.