£250m wasted in risk business
£250m wasted in risk business
- 2002
- Contract Journal 415(6390) 14 August 2002, 3(1) .
A report by the Design Build Foundation (DBF) reveals that around £250m is wasted each year in the risk management process because parties do not share information. "Collaborative risk management" looks at various options for construction companies including the creation of an industry-wide mutual insurer for total occupancy costs. DBF at www.dbf-web.co.uk
DESIGN BUILD FOUNDATION
RISK MANAGEMENT
CONSTRUCTION INDUSTRY
Insurance
COLLABORATION
A report by the Design Build Foundation (DBF) reveals that around £250m is wasted each year in the risk management process because parties do not share information. "Collaborative risk management" looks at various options for construction companies including the creation of an industry-wide mutual insurer for total occupancy costs. DBF at www.dbf-web.co.uk
DESIGN BUILD FOUNDATION
RISK MANAGEMENT
CONSTRUCTION INDUSTRY
Insurance
COLLABORATION