Lawyer Advises Owners To Consider Cost of Risk Early in Job

March 2007
ENR: Engineering News-Record;3/12/2007, Vol. 258 Issue 10, p22
Trade Publication
The article presents risk management guidelines for real estate project owners. According to Gregg Bundschuh, a lawyer with insurance broker and risk consultant at Ames & Gough, owners should consider the ultimate project cost, which includes the cost of risk. For each project over $70 million, the owner should also evaluate whether there is adequate professional liability insurance and whether an owner-controlled insurance program is more appropriate than traditional insurance.


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