Physical Asset Management by Nicholas Anthony John Hastings

Author:Nicholas Anthony John Hastings
Language: eng
Format: epub, pdf
Publisher: Springer International Publishing, Cham

marking the position of the cable;

placing it at the correct depth;

aligning it correctly in relation to nearby buildings; and

providing protection in physical and electrical terms (e.g., circuit breakers).

If the electricity company has carried out these duties correctly, it will have a presentable defense against the contractor’s arguments.

15.8 Types of Risk

15.8.1 Sovereign Risk

Sovereign risk is risk associated with high-level events outside your organizational control, particularly those involving government actions.Government changes the law, the regulatory rules, or the level of subsidies after you have invested;

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