Document :

ITU-SG CL  Contribution  62

Title :

New approach to financial risk management of construction

Date :

2022-02-18

Source :

SG

Destination Groups :

ADM

Meeting :

2022-03-21

Access :

Public Document

Abstract :

Following a contribution from the United States of America at the last CWG-FHR meeting requesting the secretariat to gather more information about the possible costs and consider the use of insurance as a means of transferring risk as an alternative to the Risk Register Fund (RRF) and report to Council 2022, the secretariat surveyed brokers and contacted other Geneva-based international organizations that have had recent construction projects.