Okla. Admin. Code § 753:11-11-4

Current through Vol. 42, No. 3, October 15, 2024

Section 753:11-11-4 - Risk minimization and performance

(a) The Risk Minimization and Performance Measurement phase begins upon award of the project contract. Risk includes anything that impacts project cost, quality, or project schedule caused by the supplier, the Trust, unforeseen conditions, or other parties. The Phase consists of, but is not limited to, a Risk Report detailing information provided by the Construction Manager, which may include:

(1) all key contact information;

(2) project milestone schedule;

(3) risk sheet;

(4) modification/deviation tracking;

(5) Risk Management Plan;

(6) any risks the Trust may require the supplier to document that could impact satisfaction; and

(7) performance measurements.

(b) The Construction Manager shall submit a Risk Report for the project/service weekly throughout the contract, or as otherwise required by the CFMO.

Okla. Admin. Code § 753:11-11-4

Adopted by Oklahoma Register, Volume 36, Issue 24, September 3, 2019, eff. 9/18/2019

Amended by Oklahoma Register, Volume 40, Issue 23, August 15, 2023, eff. 9/1/2023