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The Risk of Delegating Design

As integrated project delivery methods become more common, more and more contractors are taking on design risk.It's increasingly important for contractors and their counsel to consider how to delegate this risk to their design team, and how to insure it. This topic will discuss the risks of project design and strategic methods to manage design risk through contract and insurance.
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

What Is Design Risk?

How Do Project Delivery Methods Affect Design Risk?

Strategies and Examples for Delegating Design and Transferring Design Risk Through Contract Provisions

Explanation of Insurance Coverage Available for Design Risk, Including Professional Liability

Protective Coverage, Rectification Coverage, and Mitigation Coverage

How Does Professional Liability Fit in With Builders Risk and General Liability Coverage

Avoiding Coverage Gaps

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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

Audio & Reference Manual

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

MP3 Download

  • Arizona CLE 1.5
     
  • CA MCLE 1.5
     
  • CT CLE 1.5
     
  • HI CLE 1.5
     
  • IL CLE 1.5
     
  • ME CLE 1.5
     
  • MT CLE 1.5
     
  • NJ CLE 1.8
     
  • NV CLE 1.5
     
  • VT CLE 1.5
     
  • WA CLE 1.5
     
  • WV MCLE 1.8
     
The CLE Code is ONLY a requirement when applying for CLE Credit in California (for participatory credit), Kansas, New Jersey or New York. Other states do not need to supply the CLE Code to apply for CLE credit.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

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More Program Information

Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

William Buchan

William Buchan

Aon Risk Soluntions

  • Managing director of the construction services group with Aon Risk Services
  • More than 30 years of experience in the risk management, finance, insurance and construction industries
  • Is a National Project Solutions resource, advising both owner/developers and general contractors
  • Provides a rounded and measured advisory service, which includes: contract review, risk transfer method, captive utilization, claims advice and senior leadership consulting for program construction
  • B.A. degree, North Park University
  • Can be contacted at 393-639-4103 or [email protected]
Michael V. Pepe

Michael V. Pepe

Saxe Doernberger & Vita, P.C.

  • Partner in the law firm of Saxe Doernberger & Vita, P.C.
  • Practice focuses on complex insurance coverage issues in the real estate and construction industries, with a concentration on Subcontractor Default Insurance, professional liability, and cyber security matters
  • Extensive experience representing real estate and construction industry professionals
  • Litigation experience to help his clients avoid coverage disputes by strengthening contractual risk transfer and coverage at the time of contract drafting and negotiation, policy placements and renewal
  • Frequent speaker and has written numerous publications
  • J.D. degree, University of Connecticut School of Law; B.A. degree, Georgetown University
  • Can be contacted at 203-287-2123 or [email protected]
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Why Lorman?

Over 32 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

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Product ID: 406264
Published 2019
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