ContractRisk Management Agreement • February 4th, 2011
Contract Type FiledFebruary 4th, 2011Every contract or agreement that a municipality enters into with a third party contains risks. In order to manage those risks a municipality should review all documents and insurance policies to help ensure that any risks are properly transferred. Having the appropriate team assembled will help with risk evaluation and allocation during the review process. Some, but not all of the criteria a municipality should consider include: