This website is being reviewed and updated. Some content may no longer reflect Government policy. All content has been archived and access to key documents will continue to be possible via the archived website; http://webarchive.nationalarchives.gov.uk/20100503135839/http://www.ogc.gov.uk/index.asp
Aggregated flexible procurement alone does not guarantee a better commodity price, procurements must be supported by a robust risk management strategy and should constantly be reviewed based upon changing market conditions. How are risk management strategies developed?
The two most common risk options offered by buying organisations are:
Offers fixed price for supply period.
Price varies over the supply period.