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Identify Contract Management Team Responsibilities in Asset Recycling

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On this page: Find the key responsibilities of the contract management team. Read more below, or visit the Guidelines for Implementing Asset Recycling Transactions section and Content Outline, or Download the Full Report.

The contract management team should be headed by a project manager. The project manager should be an employee of the Relevant Authority, not an external advisor, and should have sufficient authority to carry out the role effectively.

The key responsibilities of the contract management team should include:

  • Developing and implementing the contract management plan.

  • Ensuring that both parties meet their contractual obligations and ensuring performance specifications are achieved.

  • Monitoring private sector performance and enforcing remediation steps where necessary.

  • Administering institutional obligations and protect institutional rights in the contract.

  • Managing risks and preventing and/or resolving disputes; and

  • Managing approved changes/variations.

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The Guidelines have not been prepared with any specific transaction in mind and are meant to serve only as general guidance. It is therefore critical that the Guidelines be reviewed and adapted for specific transactions To find more, visit the Guidelines to Implementing Asset Recycling Transactions Section Overview and Content Outline, or Download the Full Report.




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Updated: October 2, 2023