“In any project context, risk is an event which can, if it occurs, act as a threat and impact overall success of delivery. Public-Private Partnership (P3) projects tend to have a different risk exposure than traditionally delivered projects due to the relative complexity of procuring a single contract for the delivery of multiple and relatively diverse services. These P3 Risk Management Guidelines (Guidelines) introduce the Risk Management Framework, which serves as an effective guide for managing various risks throughout the entire lifecycle from the initial screening to handback at the end of the contract term specified in the Comprehensive Agreement (CA).”