Dispute Resolution in Asset Recycling
There are a number of existing dispute resolution approaches which may be included in the project's dispute resolution framework.
Hand-back Procedure in Asset Recycling
The contract management team needs to monitor the private sector’s compliance with the exit obligations under the transaction contract.
Penalties for Non-delivery in Asset Recycling
The contract will also stipulate financial penalties and consequences for non-delivery of contractual services or standards.
Performance Monitoring Process in Asset Recycling
The contract management team should develop a process to monitor performance. Find an illustration of a typical process in this section.
Monitoring and Reporting Strategy in Asset Recycling
Understand what an effective performance monitoring and reporting strategy has to incorporate.
Develop the Contract Management Plan in Asset Recycling
The contract management plan and what to include.
Identify Contract Management Team Responsibilities in Asset Recycling
Find the key responsibilities of the contract management team.
Establish the Contract Management Team in Asset Recycling
A contract management team monitor operations under the project agreements and undertake regular reviews and performance monitoring to ensure compliance with the agreements.
Understand the Stakeholders and the Contracts in Asset Recycling
The contract management approach must be developed for each specific project, in a manner consistent with project's specific characteristics and requirements.
Contract Management in Asset Recycling
Asset recycling transactions involving a long-term concession or lease of an asset to a private partner constitute a long-term commitment by the private sector to operate and maintain, and sometimes redevelop and/or expand, a Relevant Authority's existing infrastructure project to deliver services to the public or the Relevant Authority. These activities are governed by the project agreements.