The process of identifying, analyzing, allocating and mitigating risk factors associated with various types of contracts.
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Chair: Christopher Kane
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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.Â
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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.
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For more information contact:
KellyAnne Gallagher, CAE
Director - Member Services
kgallagher@apta.com
p. 202/496-4895
f. 202/496-4331