Description
As integrated project delivery methods become more common, more and more contractors are taking on design risk.
Its increasingly important for contractors and their counsel to consider how to delegate this risk to their design team, and how to insure it. This topic will discuss the risks of project design and strategic methods to manage design risk through contract and insurance.
Date: 2024-02-28 Start Time: 1:00 PM ET End Time: 2:05 PM ET
Learning Objectives
* You will be able to evaluate the relationship between project delivery methods and design risk mitigation strategies.
* You will be able to recognize common contract provisions related to design risk transfer.
* You will be able to develop strategies to incorporate protective, rectification, and mitigation coverage into project risk management plans.
* You will be able to implement best practices to ensure comprehensive coverage across project phases.