Risk Mitigation Plan Clause Samples

A Risk Mitigation Plan clause requires the parties to identify, assess, and outline strategies to manage potential risks associated with the agreement or project. Typically, this involves detailing specific actions, assigning responsibilities, and setting timelines for addressing identified risks, such as supply chain disruptions or regulatory changes. The core function of this clause is to proactively minimize the impact of foreseeable risks, thereby ensuring smoother project execution and reducing the likelihood of disputes or losses.
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Risk Mitigation Plan. Matrix The Contractor shall develop and maintain a risk management plan that highlights potential problems and/or issues that may arise during the life of the contract, their impact on cost, schedule and performance, and appropriate remediation plans. This plan shall reference relevant WBS/SOW elements where appropriate. The USG has provided a Risk Mitigation Matrix template (See h▇▇▇://▇▇▇.▇▇▇.▇▇▇/▇▇▇▇▇/amcg/contracts/Pages/toolkit.aspx) to be completed by any prospective Contractor. This report shall be due within 90 days of contract award. Updates shall be due as requested by the COR or Co-COR.
Risk Mitigation Plan coordinate a full risk analysis developed through risk workshops coordinated and conducted by the Development Manager including the Contributing Parties and all appropriate Persons designated by them; produce a detailed risk matrix; and propose a comprehensive risk mitigation strategy and plan, all of which shall be submitted to the Project Committee no later than November 10, 2023 for review and Approval (such strategy and plan, as initially Approved by the Project Committee, and as amended from time to time by Approval of the Project Committee, the “Risk Mitigation Plan”); and such Risk Mitigation Plan will include a recommended interval for the re-evaluation of risks as the Project advances to maintain an up to date risk matrix and risk mitigation strategy and plan at all times;
Risk Mitigation Plan. The Risk Mitigation Plan shall document how the Contractor plans to reduce the risk associated with this requirement. The Risk Mitigation Plan shall address Contractor’s planned approach to potentially problematic situations, to include, but not limited to, the unexpected introduction of new research programs, significant increases or decreases to appropriation levels which may affect the scope of work across fiscal years, and delays in funding appropriations. L.4.2.4 EXPERIENCE 2.4.1. The Offeror’s experience shall demonstrate performance of tasks identical to, similar to, or related to tasks contained within the Performance Work Statement. The Offeror shall submit experience that reflects the Offeror’s capability to accomplish the tasks in the Performance Work Statement. The Offeror shall provide evidence of experience performing contracts with comparable risk, and shall demonstrate that the functions, responsibilities, and control exercised by the Offeror are essentially the same as required under this solicitation. The Offeror shall provide evidence of relevant corporate experience in managing subcontractors and providing personnel with an appropriate mix and balance of education and training that relate to the tasks required in the PWS. The Offeror shall provide evidence of Key Personnel with relevant experience, as it relates to the tasks in the PWS. The Offeror shall propose Key Personnel with experience that will contribute successfully to the execution of the tasks in the PWS. The Offeror shall provide resumes for all individuals proposed to fill Key Personnel positions. For individuals proposed as Key Personnel who are not current employees of the Offeror’ s company or a subcontractor, a signed letter of intent is required. The Offeror should propose a team of Key Personnel with identical, similar, or related experience as identified in the Labor Category Descriptions in the Rate Template Attachment for the following positions: Labor Category: Project Director Specific knowledge and skills: Identified in Labor Category Descriptions Labor Category: Deputy Project Director Specific knowledge and skills: Identified in Labor Category Descriptions Labor Category: Scientific Review Managers Specific knowledge and skills: Identified in Labor Category Descriptions Labor Category: Consumer Reviewer Administrative Manager Specific knowledge and skills: Identified in Labor Category Descriptions Labor Category: eBRAP Lead Specific knowledge and skills: Ident...
Risk Mitigation Plan. A Risk Mitigation Plan was prepared to detail the risk mitigation measures to be implemented during construction/excavation activities, which are detailed in the plan.
Risk Mitigation Plan. Within 9 months of the Closing Date the Note Parties shall implement the Risk Mitigation Plan. The Company shall deliver to the Administrative Agent, within 30 days from the Closing Date, evidence of a purchase order made for the purchase of equipment in connection with the implementation of the Risk Mitigation Plan; provided that if such purchase order is not delivered by such date, the period described in the first sentence of this Section 5.27 shall be reduced to 6 months of the Closing Date.
Risk Mitigation Plan. Teva understands and acknowledges that Alexza does not currently and does not plan to manufacture all components of the Product, but instead works with one or more Suppliers to obtain certain components necessary to manufacture the Product and is bound by the terms of the agreements with vendors, including Suppliers. Alexza shall use Commercially Reasonable Efforts to (a) minimize any vendor or Supplier delays or disruptions, (b) identify appropriate measures to respond to potential catastrophic events, and (c) prepare a risk mitigation plan for manufacture of the Product under this Agreement. The Manufacturing JPT shall conduct annual review and assessment of the risk mitigation plan and the implementation and compliance thereof. In addition, identification of critical components that could potentially create significant manufacturing delays will be reviewed by the Manufacturing JPT. [ * ] = Certain confidential information contained in this document, marked by brackets, is filed with the Securities and Exchange Commission pursuant to Rule 24b-2 of the Securities Exchange Act of 1934, as amended.
Risk Mitigation Plan. ▇▇▇▇▇▇ understands and acknowledges that Alexza does not currently and does not plan to manufacture all components of the Product, but instead works with one or more Suppliers to obtain certain components necessary to manufacture the Product and is bound by the terms of the agreements with vendors, including Suppliers. Alexza shall use Commercially Reasonable Efforts to (a) minimize any vendor or Supplier delays or disruptions, (b) identify appropriate measures to respond to potential catastrophic events and (c) prepare a risk mitigation plan for manufacture of the Product under this Agreement.
Risk Mitigation Plan. No Risk Associated Mitigation Plan
Risk Mitigation Plan. The Parties acknowledge that, pursuant to the Initial Development Management Agreement, CMLC commissioned a full risk analysis and produced a detailed risk matrix which was Approved by the Steering Committee (such strategy and plan, as initially Approved by the Steering Committee, and as amended from time to time by Approval of the Steering Committee, the “Risk Mitigation Plan”);
Risk Mitigation Plan. The Contractor shall develop and maintain a risk mitigation plan that highlights potential problems and/or issues that may arise during the life of the contract, their impact on schedule and performance, and appropriate remediation plans. This plan shall reference relevant WBS/SOW elements where appropriate. The management plan is to be completed by the Contractor within [***] of contract award. Updates shall be included in the monthly report, or as deemed necessary by the COR.