If a strong governance structure is not in place, tensions and conflict around roles and responsibilities could arise, potentially resulting in a termination of the partnership.
Our toolkit below has recommendations on how to manage risk around:
The long-term nature of some projects and partnerships, which may mean that the partnership needs to evolve, and an exit strategy is required to manage this
Cost-saving requirements and cuts within local authorities, which can mean a change in priorities and/or a structural change, possibly impacting on a partnership agreement
The income generated by various activities which may go directly to the partners or other stakeholders rather than the local authority. This could mean the local authority has less control over how this income is spent
Rectifying a problem caused by a partner or the potential resulting legal elements which could be time consuming, reputationally damaging and costly