Technical Risk Assessment

Sands Grand Venetian Hotel & Casino
Las Vegas, NV

An independent technical and engineering risk assessment was performed in 1997 to assess the possible range of risks for the Underwriters of a major liquidated damages insurance policy on the development and construction of the 3000 room Venetian Hotel, which consisted of 5,175,167 SF with a Contract amount of $547,283,626 with a 23 month project duration.