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Title: Contract Risk Management for Airport Agreements
Accession Number: 01616176
Record Type: Monograph
Record URL: Availability: Find a library where document is available Abstract: Airports enter into a variety of agreements with numerous vendors and tenants, such as leases and other agreements that provide access to the airfield, concession agreements, ground transportation agreements, construction contracts, and professional services, among others. All of them generate varying degrees of risk that can be addressed through risk sharing and shifting or insuring. The management of risk can also be addressed by drafting airport agreements that include explicit statements of legal obligations so as to mitigate and manage the risk. This legal digest provides a general overview of the types of agreements that are typically used by airports of all sizes. It identifies primary risks associated with each type of agreement, and the appendices provide sample language from four organizations illustrating how they manage and mitigate those risks. The appendices can be found at the Transportation Research Board website (www.trb.org/acrp). This digest can be useful in guiding airport management as they seek legal counsel for applicable state and federal laws.
Report/Paper Numbers: ACRP Project 11-01
Language: English
Authors: Alfert Jr, RobertStarcher, Douglas EPagination: 41p
Publication Date: 2016-10
Serial: ISBN: 9780309445948
Media Type: Digital/other
Features: Appendices
TRT Terms: Subject Areas: Administration and Management; Aviation; Law
Files: TRIS, TRB, ATRI
Created Date: Nov 9 2016 9:41PM
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