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Legal risk management Assignment

   

Added on  2021-04-16

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Running head: Legal risk managementLegal risk management
Legal risk management Assignment_1

Legal risk management 1Executive Summary The Victorian Desalination Plant is a purification plant which removes salt from water. It is alsoknown as Victorian Desalination Project and Wonthaggi Desalination Project. It is situated atDalyston on the Bass Coast in Southern Victoria in Australia. It is one of the largest projects nextto the Melbourne’s Water mechanism after the Thomson River Dam was completed in the year1983.In the year 2007, the project was initiated by Premier Steve Bracks when the water storage levelof Melbourne was at its lowest level being 28.7 percent of its water storage capacity. So, in this report, the case study of the Victorian Desalination Project will be discussed alongwith the relevant applicable provision applicable on it. The details of the contract applicable onthis project along with apportionment of risk amongst the clients and the contractors will also bediscussed.
Legal risk management Assignment_2

Legal risk management 2ContentsIntroduction.................................................................................................................................................3Summary of the Project’s Scope and Objectives.........................................................................................3Relevant regulations applicable on the VDP Project...................................................................................5Features of the contract applied in the project and the manner in which the risks are apportioned between the clients and the contractors in this contract.............................................................................................6Features of the contract applied in the project.........................................................................................6The manner in which the risks are apportioned between the clients and the contractors in this contract.7Conclusion...................................................................................................................................................7References...................................................................................................................................................8
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Legal risk management 3Introduction The Victorian Desalination Project supplies water to Melbourne, Geelong along with some otherregional areas. It can supply high quality water whenever required. Also, it has a life up to 100years which will help it in supplementing the water needs of the people in times of draught in thefuture (Aquasure, n.d.).Initiated in 2007, the project was completed in 2012. The water supply to the public was startedin March 2017 through Cardinia Reservoir. The project is incurring a cost amounting to $608Million in a year .The desalination plant consists of 29 buildings which also includes the reverseosmosis building. It has the capacity to produce 150 Billion liters of water per year.Additionally it has the capability to expand the production of water to 200 Billion liters in a year(Porter et al., 2014). So, this report is about the Victorian Desalination Project and appropriate provisions applicableon it. Besides this, the features of the contract applicable on this project along with the sharing ofrisk amongst the clients and the contracts will also be discussed in it.Summary of the Project’s Scope and ObjectivesThe Melbourne Desalination Plant is a Public Private Partnership between the Department ofSustainability and Environment of the Victorian Government and Aquasure. The plant is one ofthe most ecofriendly projects in the world utilizing renewable energy resources for its operation.Also, it has installed the world leading energy recovery machines to lessen the powerconsumption and adopted a unique design with green roof with a coastal park (Loftus and March,2016). Due to the consistent drought and the rising necessity of the water requirements, the governmentof Victoria announced the next stage of its plan for water production in June, 2007. It was knownas Our Water Our Future: The Next Stage of the Government’s Water Plan. The plan providesthe long term solutions for providing water by expanding and enhancing the supply of water inMelbourne. Additionally, the networking of water resources was performed across the State with
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