The Limits of Indemnification Clauses
An indemnification clause is a provision in a construction contract that transfers risk to a specific party, namely the project owner, general contractor (GC) or subcontractor. Ultimately, it requires them […]
Contractual Risk Transfer Explained
Contractual risk transfer (CRT) is a risk management mechanism that can be utilized by many businesses. It involves shifting potential liability through a non-insurance contract or agreement and is intended […]