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Risk Matrix

Contract Risk Assessment Matrix

A structured matrix for scoring and tracking contract risk across seven key areas — payment, retention, liquidated damages, design liability, insurance, termination, and dispute resolution. Built from real UK subcontract review experience.

Progress0/38 items checked

Payment Terms

0/7

Payment clause risks are the most common source of cash-flow problems on UK subcontracts. Work through each item carefully.

  • High
  • High
  • High
  • High
  • Medium
  • Medium
  • Medium

Retention

0/5

Retention terms affect your cash flow for the full duration of the project and often for 12 months beyond. Review each clause carefully.

  • High
  • Medium
  • High
  • Medium
  • Medium

Liquidated Damages

0/6

Liquidated damages clauses are one of the most significant commercial risks for subcontractors. Assess both the rate and the trigger.

  • High
  • High
  • High
  • Medium
  • Medium
  • Medium

Design Liability

0/5

Design liability carries professional indemnity insurance implications and can significantly exceed the value of the subcontract. Assess it carefully.

  • High
  • High
  • High
  • High
  • Medium

Insurance

0/5

Insurance obligations must be checked against your current policy schedule before signing. Non-compliance can invalidate the contract and expose you to uninsured claims.

  • High
  • High
  • Medium
  • Medium
  • Low

Termination

0/5

Termination clauses affect your ability to exit a contract when the main contractor is in default. Asymmetric termination rights are a significant risk.

  • High
  • High
  • Medium
  • Medium
  • Medium

Dispute Resolution

0/5

Dispute resolution clauses determine how and where you pursue or defend claims. Onerous arbitration clauses can make it commercially unviable to recover small sums.

  • High
  • Low
  • Medium
  • Medium
  • High

How to use this matrix

  1. 1

    Download the matrix and open it alongside your subcontract draft. Work through each section in order — do not skip ahead.

  2. 2

    For each item, mark the status: Acceptable / Needs amendment / Missing / Not applicable. Use the guidance notes to understand what to look for.

  3. 3

    Flag all items marked 'Needs amendment' or 'Missing' as commercial issues to raise with the main contractor before signing. Do not sign with unresolved high-risk items.

  4. 4

    Use the risk level indicators to prioritise your negotiation effort — focus on high-risk items first, as these represent the greatest financial exposure.

  5. 5

    Once amendments are agreed, re-run the matrix against the revised contract to confirm all issues have been addressed.

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