Contracting Entity Change
10-POINT PROCUREMENT REASSESSMENT CHECKLIST
A change in contracting entity can affect more than the supplier record. Work through these ten checks to identify financial, contractual, operational and dependency issues that may need to be reassessed.
Contract-level reassessment
Has the legal entity carrying one of your contracts changed?
A change in contracting entity can affect more than the supplier record. Work through these ten checks to identify financial, contractual, operational and dependency issues that may need to be reassessed.
When the legal entity carrying a major contract changes, procurement needs to understand what has changed in the risk it actually holds.
- 01Legal identity
- 02Ownership & control
- 03Financial capacity
- 04Operational capability
- 05Contractual obligations
- 06Guarantees & security
- 07Insurance
- 08Group & connected-entity exposure
- 09Current supplier intelligence
- 10Replacement risk
This checklist is provided for general procurement information and does not constitute legal, financial or other professional advice. It supports, rather than replaces, proportionate legal, financial, commercial and supplier due diligence. The appropriate level of assessment will depend on the supplier, contract and organisation.
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