New risk management guide for contractors
For years, the Canadian Construction Documents Committee (CCDC) standard documents have been the go-to for managing construction project risks, but as non-standard agreements and supplementary conditions become more challenging and complex, contractors are facing an increasing burden of risks that could lead to major financial setbacks.
To address these issues, the Canadian Construction Association (CCA) has published a new reference document designed to help contractors navigate the complex landscape of modern contracts.
Mastering risk management in construction contracts, developed by our General Contractors National Advisory Council, offers a checklist following the flow of CCA and CCDC standard contract documents (CCDC 2, 3, 5A, 5B, 14, 15, 17 and CCA1) and covers key considerations across various contract types, such as Design-Build (DB), Construction Management (CM), and Public-Private Partnerships (P3).
Don’t let unmanageable risks derail your projects. Get ahead with this essential guide and safeguard your contracts today.
If you have any questions, please contact Jorgen Kvist, CCA’s Director of Industry Practices and Procurement.