AND RISK MANAGEMENT Sample Clauses

AND RISK MANAGEMENT. In order to ensure patient safety and high quality of care: • Staff are required to participate in the development and maintenance of a quality service through the application of professional standards; participation in quality improvement activities; and compliance with the policies, procedures, practices and organisational goals and objectives of SGH. • Staff are required to encourage the patient to partner with the health care team and be at the center of all care decisions. • Staff are required to contribute to the development and maintenance of the SGH Risk Management Framework and apply the framework to identify, evaluate and minimise exposure to risk. • Staff are required to abide by the Code of Conduct for Victorian Public Sector Employees • Clinical leaders are required to help support other clinicians to understand and perform their delegated safety and quality roles, and ensure clinical staff are working within their designated scope of clinical practice SPECIAL REQUIREMENTS • Staff will be required to satisfactorily complete a National Police Records, and Working with Children Check prior to commencing employment. • Staff will be required to hold a COVID-19 vaccination certificate, or valid medical exception prior to commencing employment. • Should your role require you to drive a SGH vehicle, a current Victorian Drivers Licence is required. Loss of licence or any licence infringement must be reported by the employee to Management immediately. • A completion of pre-existing injury or illness declaration will be required prior to appointment to the position. • SGH employees are expected to be familiar and work according to: o policies and procedures of SGH, including Risk Management Policy & Framework o Industrial Agreements that provide terms and conditions of employment o Scope of Practice and professional codes of conduct established for your profession o Code of Conduct for Victorian public sector employees and o Provisions of the Fair Work Act.
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AND RISK MANAGEMENT. The bilateral contract provided India with the scope to manage the project risk to its advantage, while not penalizing Bhutan’s economic benefits of the project in the long run. India absorbed the construction risk and market risk by agreeing to provide the required capital, construct the project in a turnkey arrangement, and off-take the excess supply of electricity from Chukha over the domestic consumption at a mutually agreed upon price subject to periodic revisions for inflation and cost escalation. The calibration of the import price of electricity vis-à-vis the hydroelectricity rent associated with Xxxxxx Xxxxx Project has been the basis of risk sharing and management for India. Hydroelectricity rents in theory are the economic surpluses created by the difference between the economic costs of supply from hydroelectric sites and the avoided costs of electricity supply from alternative sources. Therefore, the hydroelectricity rent is dependent not only on the economic cost of generation from a specific site but also on the cost of electricity from alternative sources to replace the hydroelectricity of Chukha. India provided 60% in grant and 40% in loan to finance the required capital cost. The loan carried a 5% fixed interest rate to be repaid in 15 equal installments beginning the first repayment in June 1993. The net present value of capital cost (real), including its opportunity cost, for India in 2008 is given as: CC (India) = {∑ CIt * (1+r)(2008-t)} – {∑REPt}*(1+r)(2008-t)} (12) Where, CIt : are the streams of capital inflows to the project as investment subsidy from 1974 through 1993. The estimation is carried out as of the year 2008, taking into accounts the opportunity cost of funds “r”. REPt: are the streams of repayments received by India starting from 1993 to 2008. India in return received a reliable source of hydroelectricity supply at a negotiated price. The contract for the supply is valid for 99 years. The levelized investment cost Kc for India is estimated at Rs 1.88/ kWh (2008 prices) by using the relationship given in equation (14). t Kc = [{∑ CIt * (1+r)(2008-t)} – {∑REPt}*(1+r)(2008-t)}]/[{∑QI }*(1+r)(2008-t)] (13) Where, t QI : Quantity of electricity imported by India from 1987 to 2024. REPt : Repayment of loan is from1993 to 2008. CIt : Capital inflow is from 1974 to 1993 t t c t In addition to the investment cost India pays a negotiated export tariff (ETt) and bears the marginal cost of transmission (MCT) from Bhutan to its cons...
Sample 1

Related to AND RISK MANAGEMENT

  • Risk Management Except as required by applicable law or regulation, (i) implement or adopt any material change in its interest rate and other risk management policies, procedures or practices; (ii) fail to follow its existing policies or practices with respect to managing its exposure to interest rate and other risk; or (iii) fail to use commercially reasonable means to avoid any material increase in its aggregate exposure to interest rate risk.

  • MANAGEMENT OF EVALUATION OUTCOMES 12.1 The evaluation of the Employee’s performance will form the basis for rewarding outstanding performance or correcting unacceptable performance.

  • Quality Management Grantee will:

  • Outreach and Education The agencies agree to coordinate, conduct joint outreach presentations, and prepare and distribute publications, when appropriate, for the regulated community of common concern. • The agencies agree to work with each other to provide a side-by-side comparison of laws with overlapping provisions and jurisdiction. • The agencies agree to provide a hyperlink on each agency’s website linking users directly to the outreach materials in areas of mutual jurisdiction and concern. • The agencies agree to jointly disseminate outreach materials to the regulated community, when appropriate. • All materials bearing the DOL or DOL/WHD name, logo, or seal must be approved in advance by DOL. • All materials bearing the OEAS name, logo, or seal must be approved in advance by OEAS.

  • Vulnerability Management BNY Mellon will maintain a documented process to identify and remediate security vulnerabilities affecting its systems used to provide the services. BNY Mellon will classify security vulnerabilities using industry recognized standards and conduct continuous monitoring and testing of its networks, hardware and software including regular penetration testing and ethical hack assessments. BNY Mellon will remediate identified security vulnerabilities in accordance with its process.

  • Summary of Policy and Prohibitions on Procurement Lobbying Pursuant to State Finance Law §139-j and §139-k, this Contract includes and imposes certain restrictions on communications between OGS and a Vendor during the procurement process. A Vendor is restricted from making contacts from the earliest notice of intent to solicit offers/bids through final award and approval of the Procurement Contract by OGS and, if applicable, the Office of the State Comptroller (“restricted period”) to other than designated staff unless it is a contact that is included among certain statutory exceptions set forth in State Finance Law §139-j(3)(a). Designated staff, as of the date hereof, is identified in Appendix G, Contractor and OGS Information, or as otherwise indicated by OGS. OGS employees are also required to obtain certain information when contacted during the restricted period and make a determination of the responsibility of the Vendor pursuant to these two statutes. Certain findings of non-responsibility can result in rejection for contract award and in the event of two findings within a four-year period; the Vendor is debarred from obtaining governmental Procurement Contracts. Further information about these requirements can be found on the OGS website: xxxx://xxx.xxx.xx.xxx/aboutOgs/regulations/defaultSFL_139j-k.asp.

  • Best Management Practices 1. Contractor shall conduct operations under this Contract so as to assure that pollutants do not enter municipal storm drain systems which systems are comprised of, but are not limited to curbs and gutters that are part of the street systems ("Stormwater Drainage System"), and to ensure that pollutants do not directly impact "Receiving Waters" (as used herein, Receiving Waters include, but are not limited to, rivers, creeks, streams, estuaries, lakes, harbors, bays and oceans).

  • Procurement All goods, works and services required for the Project and to be financed out of the proceeds of the Financing shall be procured in accordance with the provisions of Section III of Schedule 2 to the Financing Agreement.

  • Quality Management System Supplier hereby undertakes, warrants and confirms, and will ensue same for its subcontractors, to remain certified in accordance with ISO 9001 standard or equivalent. At any time during the term of this Agreement, the Supplier shall, if so instructed by ISR, provide evidence of such certifications. In any event, Supplier must notify ISR, in writing, in the event said certification is suspended and/or canceled and/or not continued.

  • Labour Management (a) No employee or group of employees will undertake to represent the Union at meetings with the University without the proper authorization of the Union. Neither will the University meet with any employee or group of employees undertaking to represent the Union without the authorization of the Union. In representing an employee or group of employees, an elected or appointed representative of the Union will speak for the Union.

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