Introduction to Risk Mitigation and Insurance in Public Procurement Webinar
Wednesday, July 26, 2023, 9:00 AM - 10:00 AM CST
Category: Webinar
REGISTER HERE!This session will focus on foundational knowledge for assessing vendor/contractor financial capability and using insurance to mitigate the risk to public entities. It will provide an overview of the Texas Comptroller of Public Accounts’ Statewide Procurement Division, which is the central authority for state agency procurement guidance, education, and statewide contract development services, and an overview of the basics of risk assessment. It will then explore using insurance to mitigate risk in government contracts, including foundational knowledge about assessing contractor financial capability. Attendees will be able to assess financial capability before and after contract award, understand types of insurance used in a contract, read a Certificate of Insurance (COI), and assess risk in a contract to determine coverage limits. This session offers one hour of CE from TDI. Webinars are free for Texas PRIMA members. Must be a current member of Texas PRIMA to register. Contact: [email protected] |