The 6th Annual Risk Management in Underground Construction Course will be held April 12-13, 2022 in Atlanta, GA.
The course provides a unique and engaging forum for stakeholders involved in large-scale underground projects, including contractors, owners, consultants, insurance companies, equipment manufacturers, and law firms. As tunneling projects get larger and more complicated, the issue of risk becomes more important.
International industry experts with real-world experience will cover contracting practices, geotechnical baseline reports, funding, insurance, risk registers, and best practices.
Kevin Baird, a Surety Client Consultant with Flood & Peterson, a NASBP member firm, will make a presentation titled "Underground Risk Management through Surety." He will provide a brief synopsis of the surety industry's underwriting approach in today's market, including prequalification criteria and expectations of the bonding process. You won't want to miss his explanations how underground contractors can address challenges, including construction material supply chains (concrete, rebar, and equipment), regulations, price escalations, and contract terms. Baird will describe how mitigating contractors' risk through surety bonds, tracking funds of projects, and understanding limits of warranty and insurance contract provisions can be tools to obtaining surety credit and contractor success to Be Guaranteed To Succeed.