CRIS: Contractual Risk Transfer in Construction
This course is part of a National Designation program called the Construction Risk and Insurance Specialist (CRIS) program. Each program can certainly be taken as a standalone class.
This course in particular reviews the ways in which risk is allocated in construction contracts. In addition to a technical review of the types of techniques available, this course examines strategies for maximizing the effectiveness of risk transfers in construction contracts. Topics include indemnification provisions, waivers of subrogation, limitations of liability, insurance requirements, and some of the key areas of risk allocation in standard construction contracts. Tips for writing and negotiating fair and effective insurance requirements are provided where appropriate, as well as for verifying compliance with these requirements.
- An Overview of Contractual Risk Transfer
- Risk Transfer Provisions
- Insurance Requirements
- Contractual Liability Coverage
- Additional Insured Coverage
- Waivers of Subrogation
- Protective Liability Insurance
- Certificates of Insurance
||Begins 30 minutes prior to the class start time
||Members: $195/ Non-Members: $295