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15 November 2012 · Article

The Role of Contracts in the Management of Risk: A Case Study from the Energy Industry

A recent study, based on the UK energy industry, found that a history of adversarial relationships was reflected in contracts and contracting processes, seeking to allocate risk to the weakest parties, and leading to a culture of blame.\r
This report highlights the need to realize a fairer balance of risk and form collaborative relationships.


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