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FOCUS on Risk Management

Contractual Risk Transfer Process

Posted by Tom Scheider

describe the imageProcess

Services created to assist clients in the area of Contractual Risk Transfer:

Contractual Risk Transfer training (1.5 hours)

Contract review template

Contract review services

Establishing subcontractor’s insurance requirements

Insurance requirements for contractors working on client’s premises

Value

Educate and assist clients in the proper allocation of risk in contractual relationships: Owner to client Client to subcontractor Client to subcontractors working on client’s premises The specific components of this process are addressed in greater detail in other “FOCUS on Risk Management” communications.

Testimonials

“I rely on The Scheider Team’s expertise when it comes to managing Staff Electric’s unique contractual risk transfers. The Scheider Team’s experience and attention to detail enables us to work with the other party to create a contractual arrangement that is a win/win for both parties.”

Staff Electric - Kurt Wildner, Risk Manager/Director of Safety & Health
Client since 2001

“Although not a lawyer, The Scheider Team on a regular basis would review the “insurance” contract language of any subcontracts we were signatory to. This was done for no fee and just another example of the type of extra value services The Scheider Team brought us.”

KS Energy Services, LLC - Dennis Klumb Jr., President & CEO

Topics: FOCUS on Risk Management, Risk Management, R&R Insurance Services, Construction