Municipality / City: TOLOSA
Project Title: Datum: Monday, 12 May 2014 14:58
Province: LEYTE
Region: VIII
Project Description:
RISK RATING: High 
| Risk Trigger | Risk Rating | Risk Response | Responsibility |
|---|---|---|---|
|
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 |
| Risk Category | Risk Trigger | Risk Rating | Status | Response 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 |
| Risk Category | Risk Issue | Status / Comment | Recommendation 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 |