Description
Design-build construction is becoming an increasingly popular construction approach, but it does increase risks and present new risk management challenges. In addition to taking on greater design liability, contractors who act as design-builders must be on top of issues such as performance guarantees, licensing requirements, ownership of design documents, indemnification, and a variety of other potential risks.
Failure to recognize and plan for these risks can be devastating.
Get In-Depth, Focused Briefings on:
- Design-build construction and its risks.
- Indemnity provisions and insurance requirements in design-build contracts.
- Design-build claims caselaw.
- Application of coverage under traditional policies and professional liability insurance.