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What is Handover Risk in Construction Insurance about?

This document discusses the handover process between construction and operational phases of a project. Key points: 1) Handover is meant to be simple, involving meeting agreed performance criteria and a test run, but disputes often arise over criteria and equipment operation. 2) A study was conducted by engineering and insurance experts to examine common issues in handover processes. 3) Contract structures like EPC, EPCm, and others can influence handover and risk transfer between construction and opera

Author

costmanagers

Language

EN