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Municipality / City: ORMOC CITY

Project Title: Datum: Monday, 12 May 2014 14:58
Province: LEYTE
Region: VIII
Project Description:

 

 Baseline:* Mid-Term:* Post:*
RISK RATING: High
 

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Risk Triggers

Risk TriggerRisk RatingRisk ResponseResponsibility

Physical slippage

by 10% for 1st Q

    Require LGU/ contractor to implement procurement plan and do advance purchase  

Disbursement fell 

below 10% for 1st Q

    Require contractor to submit quarterlybilling 15 days after last day of each quarter  

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Risk Monitoring Matrix

Risk CategoryRisk TriggerRisk RatingStatusResponse Action

Responsibility

and Milestone Check

 Physical 

Physical slippage

by 10% for 1st Q

   

Delayed delivery of construction materials for 1st Q

 Require LGU/ contractor to implement procurement plan and do advance purchase MLGOO

Monthly monitoring

Financial

Disbursement fell 

below 10% for 1st Q

   

Delayed submission of contractor’s billing

 Require contractor to submit quarterlybilling 15 days after last day of each quarter  

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Risk Status Report

Risk CategoryRisk IssueStatus / CommentRecommendation for Inaction

Physical

LGU/contractor unable to deliver construction materials on time for 3 consecutive months

Closed - All materials successfully procured

  

Suspend contract - if no positive action taken for 2 quarters; plus apply penalty clause provision

or

Cancel = for 3 quarters

Financial

Contractor unable to submit quarterly bill as scheduled

Closed - Disbursement monitored and regular report submitted

  

Impose penalty clause provision – if billing for next Q is delayed

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