risk management and insurance in contracting
DESCRIPTION
Risk Management and Insurance In Contracting. What will I get from this session?. Albany-Rensselaer Train Station. Architectural –award-winning design. Careful Planning and Preparation. Hired attorney to formulate construction contracts. Required use of agreements. - PowerPoint PPT PresentationTRANSCRIPT
Risk Management and InsuranceIn Contracting
What will I get from this session?
Albany-Rensselaer Train Station
Architectural –award-winning design.
Careful Planning and Preparation Hired attorney to formulate construction
contracts. Required use of agreements. State-of-the-art insurance requirements and
indemnity clause.
Special Feature Clock Tower
Big Visible Movement- Foucault Pendulum
Problems With Cost of Project
What was that clock going to cost?
Estimated $1.75 million Something had to go.
Replacing Big Ben
1990’s Bus Shelter Clock
Bought Clock for Clock Tower
Amount saved?..... $1.7 million?
Didn’t use contract documents…..
60 Feet Above the Main Floor
Installation IS Construction
Installer steps in hole… Awarded $2.9 million.