Alternative remedial contract strategy contractors
Term · Insurance and risk management · MLC-T-INS-000399
Contractors engaged in environmental remediation projects who employ innovative or non-traditional approaches to clean up contaminated sites. These strategies often involve performance-based contracts, where payment is tied to achieving specific cleanup goals rather than hourly rates. This approach encourages efficiency and the use of advanced technologies in environmental restoration.
| Identifier | MLC-T-INS-000399 |
|---|---|
| Field | Insurance and risk management |
Record as JSON
{
"id": "MLC-T-INS-000399",
"term": "Alternative remedial contract strategy contractors",
"field": "Insurance and risk management",
"definition": "Contractors engaged in environmental remediation projects who employ innovative or non-traditional approaches to clean up contaminated sites. These strategies often involve performance-based contracts, where payment is tied to achieving specific cleanup goals rather than hourly rates. This approach encourages efficiency and the use of advanced technologies in environmental restoration.",
"url": "https://mlchart.com/terminology/insurance/alternative-remedial-contract-strategy-contractors/"
}
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