An indemnity clause is a form of contractual risk transfer that shares similarities with the hold harmless provision, but with some crucial differences.

Have you ever been blamed for something entirely out of your control? It’s happened to most of us, often for minor transgressions around the house or office. The blame game can happen to businesses, too, including public and affordable housing organizations. 

Contract negotiations are critical in ensuring your housing organization actually receives the products and services it requires.

A resident trips and falls on your sidewalk, which is in the process of being replaced. He injures his back and shoulder, racking up nearly $100,000 in medical bills. The resident then files a lawsuit, alleging the construction site was not properly marked or roped off. Who’s liable for the damages, you or your contractor?

Affordable housing organizations planning significant redevelopment or renovation projects will need to partner with contractors to get the job done. So how should you select qualified contractors, monitor their work, and ensure your organization, as the project owner, isn't exposed to unnecessary risks?