Risk Mitigation Mechanisms Total Project Risk Percentage WithholdsLimitation of Liability Liquidated Damages Independent Deliverables Optional Performance Bond Optional Letter of Credit HighXXXXXX MediumXX X X Low X X Progress Payment Withhold:  Low Risk Projects – 10% withhold  Medium Risk Projects – 10% withhold  High Risk Projects – 10-20% withhold (depending on the individual bidder proposal) Limitation of Liability:  Low Risk Projects - 1X liability  Medium Risk Projects – 1.5X liability  High Risk Projects – 2X liability
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