Common use of Risk Assessment Process Clause in Contracts

Risk Assessment Process. The Recipient will: (a) Upon the request of the Province, comply with the Province’s risk assessment business process (b) submit to the Province any information required by the Province on all areas of risk set out in the risk assessment in accordance with the timelines and content requirements specified by the Province; and (c) submit to the Province an action plan and any supplementary information required by the Province, in accordance with the timelines specified by the Province, that specifies how it will mitigate the risks identified during the risk assessment process according to specific timelines.

Risk Assessment Process. The Recipient will: (a) Upon the request of the Province, comply with the Province’s risk assessment business process; (b) submit to the Province any information required by the Province on all areas of risk set out in the risk assessment in accordance with the timelines and content requirements specified by the Province; and (c) submit to the Province an action plan and any supplementary information required by the Province, in accordance with the timelines specified by the Province, that specifies how it will mitigate the risks identified during the risk assessment process according to specific timelines.