AIA’s Guide to the First Principles of Risk was developed as a means to start the risk conversation – identify the principles that work for the agency and project developer and take time to create consensus on other areas.
For Association Members: Promoting the First Principles of Risk will help ensure transparent, fair, and successful P3 procurements.
For Private Sector Industry Participants: Understand the core purpose and transformative potential of the First Principles of Risk to navigate the P3 procurement period more strategically and successfully.
For Public Sector Officials: Incorporate the First Principles of Risk into your P3 procurement strategy to optimize outcomes and increase the efficiency of the procurement process, thereby reducing the risk of lengthy procurement processes.