Resource
Current project delivery methods can be fraught with risk for the various project participants. Project risk accepted by the Prime Consultant/Contractor, as part of the contract with the Owner, is customarily passed on to the supporting sub-consultant team. Sub-consultants must carefully examine contract terms such as indemnification clauses, insurance coverage, project schedules, and payment terms to avoid acceptance of undue risks. Failure by the Prime Consultant/Contractor to fulfill its contract obligations, resulting in litigation, can cause severe penalties for sub-consultants when risk allocation is not negotiated prior to contract execution.
This publication provides insight regarding the primary risk pitfalls frequently encountered in sub-consultant agreements and guidance on how best to address risk allocation and minimize overexposure.
This document is available as a download only, no hard copy.