Common use of Risk Register Clause in Contracts

Risk Register. the Contractor shall document risks that might affect the project and the characteristics of the risk defined by the ITS JPO. The TOCOR will provide a Microsoft Excel-based Risk Register template for the Contractor to populate and update as necessary. Each risk shall have a unique number, probability of occurrence and impact of occurrence rating. The risk log shall be updated monthly and submitted with monthly progress reports.

Appears in 3 contracts

Sources: Master Subcontract Agreement, Subcontract Agreement, Master Subcontract Agreement