Supply Chain Risk Clause Samples
The Supply Chain Risk clause defines the responsibilities and procedures for managing risks that may arise within the supply chain during the course of a contract. It typically requires parties to identify, assess, and mitigate potential disruptions, such as delays in delivery, shortages of materials, or quality issues from suppliers. By establishing clear protocols for risk management and communication, this clause helps ensure continuity of supply and allocates responsibility for addressing supply chain problems, thereby minimizing operational disruptions and financial losses.
Supply Chain Risk. Is the exposure the Pool faces from elements of the supply chain outside of its control. This could manifest in weather conditions, grain quality/availability, equipment failure, incidents and so on. Any interruption to the normal availability of infrastructure or logistical capacity due to such events can have a detrimental impact on the performance of the Pool. To mitigate such risks, the Pool can leverage the inherent flexibility CBH Grain possesses by virtue of its size and position in the industry to source alternative arrangements which minimise the impact of any such disruptions.
Supply Chain Risk. In order to manage supply chain risk, the Government may consider information, public and non-public, including all-source intelligence, relating to an offeror/Contractor and its supply chain. The Contractor shall complete and maintain a Supply Chain Risk Assessment (SCRA) using the SCRA for Offerors included as attachment [Post Award Activity, if applicable] for each computing device and software used to store, process, or transmit NRC sensitive information and shall provide updates to the CO within 48 hours of any changes.