The process of identifying, analyzing, allocating and mitigating risk factors associated with various types of contracts.
Chair: Christopher Kane
The benefits of standard risk allocation terms will accrue to the transit industry in three phases: the agreement process, pricing or the cost of goods and services, and the cost of losses or damages.
The APTA Procurement Standards Working Group on Risk Allocation is developing standards, best practices, and guidelines for the industry based on the following problem statement.
For more information contact:
KellyAnne Gallagher, CAE
Director - Member Services
kgallagher@apta.com
p. 202/496-4895
f. 202/496-4331