Definition: Availability risk

Category: National accounts

“Availability risk” covers cases where, during the operation of the asset, the responsibility of the partner is called upon, because of insufficient management (“bad performance”), resulting in a volume of services lower than what was contractually agreed, or in services not meeting the quality standards specified in the contract. http://ec.europa.eu/eurostat/ramon/statmanuals/files/KS-BE-04-004-EN.pdf
Source:
Eurostat, "Long term contracts between government units and non- government partners (Public-private-partnerships)"; (2004 edition), Office for Official Publications of the European Communities, 2004, Luxembourg
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