How to Identify Pollution Liabilities and Risk Transfer
How to Identify Pollution Liabilities and Risk Transfer
Each phase of a construction project poses its unique set of challenges and exposures. Discovering contamination on the construction site, creating a pollution release on the job, or mismanagement of waste being disposed of offsite are all scenarios that can derail a project. Understanding potential pollution pitfalls upfront can impact the success of a project in terms of staying on budget and meeting timelines. This session is designed to help environmental managers and risk managers recognize the various pollution exposure they may face throughout the construction life cycle, provoke questions they should be asking of the owner/developer, and suggest mechanisms with which they can manage pollution risk either via insurance, their contracts or best practices. By the end of this session, participants will be able to: Describe potential pollution exposures associated with a jobsite Know what questions they should be asking an owner/developer during the bid process Understand coverage provided by a Contractor’s Pollution Liability policy Understand the general value and shortcomings of indemnification, additional insured, and limitation of liability provisions in a contract
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