Mark E. Alpert, PE, DBIA, WDBC Executive Director

Hidden Risk Topics in Construction Contracts – What You Don’t Know Can Hurt You

Hidden Risk Topics in Construction Contracts – What You Don’t Know Can Hurt You

As discussed in the previous blog, the underlying principle of allocating and managing risk in projects using CMAR or design-build delivery methods is to embark upon a collaborative process between the owner and construction professionals with initial discussions on how to allocate specific risks to the party best positioned to manage and assume the risk. These decisions ultimately end up in the contract between the owner and construction professional.

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