Risk Management in contracting and indemnification

2 days - $ 600 per participant

Registration Form

Objective :

To ensure that participants are aware of the main issues and concerns within the TB Risk Management Policy and the Interim Policy on Indemnification.

Following the successful completion of this workshop, participants will :

• be aware of the fundamentals of the Risk Management Treasury Board Policy; 
• be aware of the fundamentals of the Interim TB Policy on Indemnification; 
• understand the basic principles of risk management and indemnification and the links between them; 
• understand the four phases of the risk management process; 
• be aware of their responsibilities and liabilities in matters of risk management in Contracting; Contractor's liability vs Contracting organization; 
• be able to apply the basic risk management process; 
• identify what are the issues, types of losses and options; and 
• review scenarios and public sector examples.

Duration: 2 days

Target Population: Executives, Managers and Contracting Officers

Pre-requisites: No Pre-requisite, however all particpants should be familiar with the Contracting Process, since this is the main concentration of this workshop.

Minimum/Maximum participants: 6/20

Hours: 8:30 to 4:30 p.m. - 1 hour for lunch

Outline: 

The intent of this two-day workshop is to develop the understanding of the concepts and principles of risk management and indemnification as it applies to Contracting in the government. During the workshop, participants will review the fundamentals of the TB policy on Risk Management and the Policy on Indemnification in Contracting. The workshop will outline the main elements of a practical risk management process as it relates to Contracting. Contracting Officers and Managers will be aware of the types of issues they are dealing with and when to seek legal assistance, as well as the type of information required to meet the Risk Assessment requirements of high-risk projects. This workshop will also emphasize the difference between Indemnification and Insurance and when either one applies.