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Identifying The Risk In Cost Reimbursable Contracts

Name: Identifying The Risk In Cost Reimbursable Contracts
Brand: VDM Verlag
SKU: 06831651
Price: 43.99 EUR
Availability: InStock
Author: Sadek A. Omar
ISBN: 9783639239881

Sadek A. Omar

Lingua

Inglese

Libro In brossura

Codice Libristo: 06831651

Casa editrice VDM Verlag, marzo 2010

The primary goal of this book is to assess risk elements in cost reimbursable contracts. There is a... Descrizione completa

Codice Libristo: 06831651

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43.99 €

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The primary goal of this book is to assess risk elements in cost reimbursable contracts. There is a notion that these contract types serve little risk to a contractor. Nine total contracts were read and, using a standard definition for risk; risky clauses were selected and evaluated. The contracts were all from large industrial projects. The clauses analyzed were broken down into smaller categories such as entitlement and rights and responsibility. The clauses were then ranked as low risk, intermediate risk and a high risk. Stripping all superfluous language from the clause, specific risk factors were identified for each category. This provided a table where risk factors and level of risk were shown, which allows for comparison to any contract when assessing contractual risk. DISCLAIMER: THIS IS NOT A LEGAL GUIDE AND DOES NOT PROVIDE ANY LEGAL ADVICE TO ANYONE UNDER ANY CIRCUMSTANCE. FOR EDUCATIONAL PURPOSES ONLY.