Common use of Management routines and timetables Clause in Contracts

Management routines and timetables. Herein below are the management routines and the minimum timetables that the Management Venture is required to maintain: ▪ Carrying out a new risks survey - will be first carried out upon the inception of the Project and once more within 60 days of the date of issuance of the winning notice to the winner in the BOT tender. In addition, a material change in the contents / operation concept of the Project will require carrying out a new risks survey, subject to the instructions of the company. ▪ A risk assessment - once every six months or during the transition between milestones or pursuant to the consideration of the company. ▪ Tracking status on implementation and effectiveness of the key risks handling plans -pursuant to the instructions of the company. ▪ Designated meeting for risk management - once every month.

Management routines and timetables. Herein below are the management routines and the minimum timetables that the Management Venture is required to maintain: ▪  Carrying out a new risks survey - will be first carried out upon the inception of the Project and once more within 60 days of the date of issuance of the winning notice to the winner in the BOT tender. In addition, a material change in the contents / operation concept of the Project will require carrying out a new risks survey, subject to the instructions of the company. ▪  A risk assessment - once every six months or during the transition between milestones or pursuant to the consideration of the company. ▪  Tracking status on implementation and effectiveness of the key risks handling plans -pursuant to the instructions of the company. ▪  Designated meeting for risk management - once every month.