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Sponsored by Lorman Education
Product ID: 406264EAU
 
Credit & Course Provided by:

The Risk of Delegating Design

OnDemand Webinar (88 minutes)

As integrated project delivery methods become more common, more and more contractors are taking on design risk.It's 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.

Authors

William Buchan, Aon Risk Soluntions Michael V. Pepe, Saxe Doernberger & Vita, P.C.

Agenda

What Is Design Risk?

How Do Project Delivery Methods Affect Design Risk?

Strategies and Examples for Delegating Design and Transferring Design Risk Through Contract Provisions

Explanation of Insurance Coverage Available for Design Risk, Including Professional Liability

Protective Coverage, Rectification Coverage, and Mitigation Coverage

How Does Professional Liability Fit in With Builders Risk and General Liability Coverage

Avoiding Coverage Gaps