C-Risk provides risk management consulting and advisory services. We concentrate in construction risk management. We offer clients strategic insight, practical and objective advice, and proven methods on the mitigation of risks and exposures associated with construction project operations and provide best practices for implementation of effective controls to limit liabilities and potential losses.
C-Risk offers risk management advisory services, including; the use of insurance specification requirements, contractual risk-transfer and alternative risk financing mechanisms, risk management outsourcing, and periodically offers seminars to educate and advise clients on emerging trends in the construction industry, such as wrap-up insurance programs, design-build project delivery, and public-private partnerships (P3s).
C-Risk services include; Risk Management Strategy, Insurance Reviews, Contract Reviews, Alternative Risk Financing methods, Risk Management Outsourcing, and Wrap-Up Insurance Programs. C-Risk provides objective and unbiased advice to help clients evaluate, structure, and implement effective wrap-up insurance programs on construction projects.
C-Risk is an expert on the formation and implementation of wrap-up insurance programs, predominantly owner-controlled insurance programs (OCIP). And, contractor-controlled insurance programs (CCIP), and rolling owner controlled insurance programs (ROCIP). C-Risk offers advisory services to public and private sector clients who require strategic insight on the preparation of wrap-up feasibility studies, designing wrap-up insurance program structures, and implementation requirements for effective wrap-up administration procedures and processes.
C-Risk offers risk management advisory and risk management outsourcing services to public and private sector clients who are involved in capital development construction projects. Since our services are tailored to the specific risk management requirements of each client, there is no standard formula. We work with each client to design and implement a risk management program structure that is in alignment with a client’s specific risk profile and risk appetite and risk tolerance requirements.
C-Risk’s consulting and advisory services are provided to clients on a fee basis. Our consultants are remunerated through C-RISK, LLC. Fees are determined based on the scope of work and services provided. Fees are normally billed at an hourly rate of $250.00 per hour for services rendered. Fees are billed monthly on a Net-30 basis. A retainer deposit is sometimes required upon execution of a C-Risk Consulting Services Agreement (CSA) for extended duration or intermittent consulting projects..