Examples of Risk Register in a sentence
Risk Register Events that are MDOT Risks may also include requirements for determination of time impacts, payment requirements, and other terms.
If a Risk Register Event occurs while performing construction, and the Risk Register Event is a Provisional Risk with an uncapped Provisional Sum, and the Provisional Sum or other relief provided in the Risk Register is exhausted, then the Contractor may seek a Supplemental Agreement for increased cost or time beyond what is described in the Risk Register.
For avoidance of doubt, any risk not identified in the Risk Register shall also be considered a Contractor Risk, even if it is not included in the Risk Register.
If a Risk Register event occurs while performing Construction Services, and the Risk Register event is an MDOT Risk, then the Contractor shall be entitled to seek the remedy described in the Risk Register.
The cumulative total of Provisional Sums specific to the Pricing Package, as described in the Risk Register.