Contracts: Transferring and Financing Risk- a manual to assist agency staff who draft and review contracts. This manual explains how to transfer and finance risk when contracting for goods or services, personal services, public works contracts and lease agreements. Risk is generally transferred by contract terms, using a hold harmless and indemnity agreement. Risk financing is usually accomplished through the purchase of commercial insurance by the contractor. This manual provides guidelines and tools that can be used to both transfer and finance risk.