This document is part of a series to provide guidance to departments regarding the establishment and management of contingent liabilities. It summarises the current guidance on contingent liabilities when carrying out government procurement. Ensuring that all contingent liabilities in procurement are appropriately designed could provide significant reductions to government’s aggregate risk exposure and ensure that risks are adequately managed.
This note should be considered in conjunction with advice from the relevant department’s commercial team and the Cabinet Office’s Sourcing Playbook.
31 October 2023 291.47 KB