National Cooperative Highway Research Program (NCHRP) Legal Research Digest 66: Due Diligence for Insurance Coverage in Transportation Construction Contracts explores the process of "due diligence," in which a transportation agency acquires objective and accurate information about its insurance companies and contractors in order to evaluate the risks of entering into an agreement and a contractual relationship. The report addresses the common issues faced by the agencies such as: proof of coverage; difficulty of interpretation of specification and insurance language; coverage disputes; lapse in coverage; and qualifying contractors for the bidding process.
Due Diligence for Insurance Coverage in Transportation Construction Contracts. National Cooperative Highway Research Program (NCHRP) Legal Research Digest 66
2015
60 pages
Report
Keine Angabe
Englisch
Administration and Planning , Education, Law, & Humanities , Transportation & Traffic Planning , Transportation , Problem Solving Information for State & Local Governments , Urban Administration & Planning , Regional Administration & Planning , Management Practice , Insurance coverage , Construction contracts , Insurance needs , Specification , Administration , Management , Laws , Requirements