Contractual Risk Transfer in Construction

Course Details

This course is not subject to discount pricing.

Additional Credit Available:

Add AFIS Renewal Credit
Add ERIS Renewal Credit
Add MLIS Renewal Credit
Add TRIP Renewal Credit
Add Insurance CE

Delivery Method: 

QAS Self-Study

PDF Download: 


Provider of Record: 


Field of Study: 

Specialized Knowledge

Last Reviewed: 

April 2021



Access Period:

12 months

Exam Requirements

Proctor Required: 


Passing Grade: 






Please note: Adding Additional Credit may change exam requirements.


The structure of construction contracting relationships and the key provisions in which responsibilities and liabilities are allocated to the contracting parties and suggests methods to equitably allocate these liabilities are integral parts of construction contracts.  This course provides a general overview of contractual risk transfer in construction contracts and subcontracts and examines processes for ensuring the effectiveness of contractual risk transfers and identifies problems that may arise if contracts are not properly reviewed and their risks managed.

Learning Objectives

Upon completion, students will be able to:

  • select suitable recommendations and strategies for fairly and legally allocating contract risks based on where the entity falls in the construction “food chain”
  • identify problematic construction contract provisions, and propose appropriate recommendations in the drafting or negotiation of contract insurance requirements;
  • identify insurance requirements that may not be obtainable in the marketplace and alternatives that may be acceptable to the contracting parties, identify gaps between a contractor’s contractually assumed liabilities and its contractual liability insurance coverage, and assist in obtaining compliance with additional insured coverage requirements;
  • identify the scope of coverage provided under an owners and contractors protective (OCP) liability insurance policy, and list its advantages and disadvantages as a risk funding alternative

Designed For

Property and casualty risk, safety, insurance, and finance professionals

International Risk Management Institute, Inc. (IRMI) is the premier provider of risk and insurance continuing education and reference publications, and is considered the ultimate authority by leading insurance practitioners. Written by industry experts, IRMI courses provide the most up-to-date, practical and reliable information possible.

Advanced Preparation


WebCE® is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its website: For more information regarding WebCE administrative policies such as refunds, cancellations and concerns, please contact Support Services at 877-488-9308.