It seems the cloud controller manager is unable to become available on many CI runs on bare-metal.

Operator degraded (SyncingFailed): Failed when progressing towards operator: 4.10.0-0.ci.test-2021-12-17-021153-ci-op-z0mjx1mp-latest because &{%!e(string=failed to apply resources because CloudConfigControllerDegraded condition is set to True)}

https://prow.ci.openshift.org/view/gs/origin-ci-test/pr-logs/pull/openshift_ovn-kubernetes/833/pull-ci-openshift-ovn-kubernetes-master-e2e-metal-ipi-ovn-dualstack/1471662124370497536
https://prow.ci.openshift.org/view/gs/origin-ci-test/pr-logs/pull/openshift_ovn-kubernetes/833/pull-ci-openshift-ovn-kubernetes-master-e2e-metal-ipi-ovn-dualstack/1471593333359906816
https://prow.ci.openshift.org/view/gs/origin-ci-test/pr-logs/pull/openshift_ovn-kubernetes/875/pull-ci-openshift-ovn-kubernetes-master-e2e-metal-ipi-ovn-ipv6/1471656088527966208
https://prow.ci.openshift.org/view/gs/origin-ci-test/pr-logs/pull/openshift_ovn-kubernetes/875/pull-ci-openshift-ovn-kubernetes-master-e2e-metal-ipi-ovn-dualstack/1471656088469245952
https://prow.ci.openshift.org/view/gs/origin-ci-test/pr-logs/pull/openshift_ovn-kubernetes/875/pull-ci-openshift-ovn-kubernetes-master-e2e-metal-ipi-ovn-dualstack/1471622607701807104
https://prow.ci.openshift.org/view/gs/origin-ci-test/pr-logs/pull/openshift_ovn-kubernetes/875/pull-ci-openshift-ovn-kubernetes-master-e2e-metal-ipi-ovn-ipv6/1471622607752138752

level=info msg=Cluster operator cloud-controller-manager CloudConfigControllerAvailable is False with SyncingFailed: Cloud Config Controller failed to sync cloud config
level=info msg=Cluster operator cloud-controller-manager CloudConfigControllerDegraded is True with SyncingFailed: Cloud Config Controller failed to sync cloud config
level=error msg=Cluster operator cloud-controller-manager Degraded is True with SyncingFailed: Failed when progressing towards operator: 4.10.0-0.ci.test-2021-12-17-013904-ci-op-jk1w2bwi-latest because &{%!e(string=failed to apply resources because CloudConfigControllerDegraded condition is set to True)} 

I1217 00:01:41.710649       1 cloud_config_sync_controller.go:37] /cluster emitted event, syncing cloud-conf ConfigMap
W1217 00:01:41.710769       1 cloud_config_sync_controller.go:71] managed cloud-config is not found, falling back to infrastructure config
E1217 00:01:41.710789       1 cloud_config_sync_controller.go:75] unable to get cloud-config for sync
I1217 00:01:41.710830       1 cloud_config_sync_controller.go:243] Cloud Config Controller is degraded
E1217 00:01:41.718296       1 controller.go:304] CCCMOConfigSyncControllers/controller-runtime/manager/controller/configmap "msg"="Reconciler error" "error"="ConfigMap \"\" not found" "name"="cluster" "namespace"="" "reconciler group"="" "reconciler kind"="ConfigMap"