Hi,
You may consider these things
1. Keep 8 hours of lease time so even if in between the server is down there will not be any impact till lease expires
2. Configure and keep second DHCP server ready (do not authorise), you can use any other server or desktop is DHCP is not resource hungry.
In case of primary server failure you can always reconfigure it on the same server within 15-20 mins. If its a major failure and server can not be restored back then authorise the Secondary pre-configured server.