Updated Contractual Risk Transfer Manual Now Available

The Authority has made revisions to its Contractual Risk Transfer Manual, which was last revised in 2012. Some updated items in the manual include the general liability insurance specification, acceptable insurers provision, and Risk Analysis Questionnaire, while new content includes a Contract Review and Transmittal Form, additional information on waivers of subrogation, details on separation of insured clauses, and other relevant forms and information. The purpose of the manual is to guide the user in writing proper insurance specifications for contracts and obtaining insurance compliance. Members are encouraged to share the manual with their legal counsel and staff that have a role in contract development or execution.

The Contractual Risk Transfer Manual can be accessed in the Resources and Documents library on the Authority’s website. Members can choose to download an electronic version and/or print the entire manual. All prior versions of the manual should be replaced with this new version to ensure consistency with agency policy.