The percentage of pro-rata gains or losses could end in proportion to ownership or voting rights. The correct and consistent treatment of contractual risk (through transmission and/or financing mechanisms) is an important lever to control the overall cost of risk to the university. It is not a question of using risk financing and assurance options to use universal contractual formats and content throughout the organization, but of providing guidance to Harvard employees in order to reconcile their risk-taking with the various aspects of the agreement. While the department has limited financial resources to support the risk of legal liability assumed by TUBS, particularly in the form of an insurance master`s program, policies present certain constraints of size and scope. Therefore, the contracting parties should consider themselves the principal owner and the party financially responsible for the contractual risks assumed, unless the written agreement otherwise transfers. Studies of risk-sharing contracts have focused on defining their nature and applicability [3,4.5, 13,14,15,16,17], analyzing their properties and their desire from a theoretical point of view [6], 7, 12, 18,19,20,21,22,23,24], the synthesis of actual cases and their economic consequences [25,26,27,28,29,30] and the understanding of stakeholder perceptions of these contracts [31,32,33,34]. However, as Nazareth [34] has pointed out, it is difficult to learn from it, despite the frequent use of risk-sharing agreements, because the information is not disclosed for reasons of confidentiality. Understanding the question of whether your client is the end customer or somewhere in the middle has an effect on payment negotiations. Is your company able to choose the desired price structure and payment framework? If not, can your team reach an acceptable agreement? For hospitals that have only entered into price volume agreements, the number of drug units per year, the high budgetary impact of treatment, the size of the target population, the unit cost per dose and the duration of treatment were the most influential variables in the definition of such agreements. However, for hospitals with paid agreements, the influential variables were the effectiveness of treatments, uncertainty about treatment effectiveness, adverse effects and toxicity, and relative safety compared to existing treatment, as perceived by about 90% of responders. It`s good to have provisions that help your team manage risk but are not necessary, such as “error notification” or “chance of recovery.” Your team should check whether the client will work with you to correct and correct any errors you make while the project is being carried out.

The Framework for Risk Assessment, Management and Assessment (FRAME) aims to create a coherent and common framework that promotes reasonable and ethical risk assessment and management practices, proportionate to risk, legitimate for the role, for the task in question and communicated appropriately. FRAME is run by the Risk Management Authority with the agreement and support of major criminal justice services such as the Scottish Government, the police, prison, criminal justice social work and medical psychiatric health services. The risk management team must also check all flow clauses descending from your client`s customers.