Risk Management Strategies for Contractors
By Nicole DeNamur, Esq., Owner, Sustainable Strategies
July 7, 2023
The design and construction industries inherently carry some level of risk. Good contract management and appropriate insurance are core risk management strategies that every contractor should practice.
In addition to these tools, there are other, complementary and cost-effective strategies that contractors can consider implementing. And, as sustainability becomes a business baseline, driven by both market and regulatory factors, additional thought should be put to managing the risks of projects that target sustainable outcomes.
To view the full article on the AIA Contract Documents website, click the link below