White Paper / Risk Management
Emergent Exposure to Loss: Effectively Manage Subcontractor Risk
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Regardless of the risk financing method a general contractor or owner chooses, prequalifying contractors should be viewed as the foundation for managing one of their most significant risks. Properly evaluating thousands of subcontractors is a daunting task, but it is absolutely critical to long-term financial success.

Recognizing the gap between resources and requirements with respect to a prequalification system, Lockton provides a solution to this issue for our clients called S.C.O.R.E. - Subcontractor Cost of Risk Engineering. This online tool provides general contractors and owners with a turnkey, best-in-class prequalification system to minimize the cost and administrative burden of managing subcontractor relationships.

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