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Curtin University
Risk & Assurance

Contract Risk Management

Most activities involving a relationship with an external party will require a formal contract or agreement, setting out the terms and conditions of the arrangement as agreed between the parties. Examples include, but are not limited to:

  • Various types of Contracts or Agreements
  • Contracts or Agreements with external funding bodies (State and Federal Government, private industry partners etc)
  • Agreements with offshore institutions for the provision of Curtin programs overseas
  • Consultancy Services Agreements
  • Confidentiality Agreements
  • Deeds of Assignment
  • Contracts for the provision of services (external suppliers)
  • Loan Agreements for the Art Gallery
  • Licence Agreements.

The Contract Management Framework can also provide you with further information on the structure for managing Contracts within Curtin.

Contract Risk Management refers to the management of risk associated with the contract.

The Contract Toolkit document has been developed to assist Contract Manager's and contains the following information and resources:

  • A simple one-page Contract Risk Assessment;       
  • Contract Governance contacts within Curtin;
  • How to work out appropriate levels of insurance in line with risk ratings;
  • International Contract Guidelines;
  • Non-insurance requirements relevant to Contracts;
  • Template Clauses and Forms etc.

Separately, you may also wish to access a more detailed Contract Risk Assessment with Maximum Foreseeable Loss template to assist with due diligence purposes for high/extreme risk Contracts. This is to be signed off by the risk owner per the delegations register.