Disruptive technology risk

Toll Road Toll Road

Description (What is the Risk)

The risk that a new emerging technology unexpectedly displaces an established technology used in the toll road sector.

Risk Allocation (Who typically bears the risk)

Allocation: Public Private Shared
Rationale

The Contracting Authority may consider imposing obligations on the Private Partner to adopt and/or integrate with new tolling technologies or to allow for other foreseeable developments, such as driverless cars.

Mitigation Measures (What can be done to minimize the risk)

The Private Partner will seek to mitigate potential exposure through agreed cost and improvement parameters, beyond which they will be entitled to relief as a variation.

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Description (What is the Risk)

The risk that a new emerging technology unexpectedly displaces an established technology used in the toll road sector.

Risk Allocation (Who typically bears the risk)

Allocation: Public Private Shared
Rationale

The Contracting Authority may consider imposing obligations on the Private Partner to adopt and/or integrate with new tolling technologies or to allow for other foreseeable developments, such as driverless cars.

Mitigation Measures (What can be done to minimize the risk)

The Private Partner will seek to mitigate potential exposure through agreed cost and improvement parameters, beyond which they will be entitled to relief as a variation.

Back to Toll Road