"Risk Allocation" video - Contract Consideration Series

(9m) Under the Master Municipal Construction Documents philosophy, the standard documents minimize the amount of risk transferred from the Owner to the Contractor in a project. Brian Weeks discusses the tools the MMCD uses to allocate risk and the protocols for situations such as discrepancies in quantities or prices, or encountering Concealed or Unknown Conditions or Hazardous Materials.

Watch this and other Contract Consideration videos on MMCD's YouTube Channel.