The ConsensusDocs Coalition published a new construction management agency standard agreement, the ConsensusDocs 840 Agreement Between Owner and Design Professional.
The new owner, architect/engineer agreement provides an off-the-shelf contracting document for CM agency contracts. The new agreement is for owners who contract with an architect or engineer who serves as the designer. The design services agreement is intended for use when the owner acts as the construction manager, hires a construction manager, or uses multiple prime contractors.
"The new agreement provides a fair and balanced contractual foundation to assist owners and design professionals in a construction management relationship," says Melissa Beutler, vice-chair of the ConsensusDocs Drafting Council. "Other standard CM agency contracts do a poor job of delineating fees, costs and profit, which inevitably leads to payment issues."
For more information, visit www.ConsensusDocs.org.
Related Stories
Codes and Standards | Nov 3, 2016
OSHA proposes safety standards changes to reduce employer costs
The changes include clarification on excavation standard and reporting job-related hearing loss.
Codes and Standards | Nov 2, 2016
New resources available to reduce plug loads using advanced power strips
A tenant education program can boost efficiency in office buildings.
Codes and Standards | Oct 26, 2016
Design industry lagging in meeting AIA 2030 Commitment goals, says AIA
Only 4% of projects have met the 70% energy savings target.
Codes and Standards | Oct 25, 2016
Concerns over megaquake in Oregon provoke debate over school building standards
According to advocates, communities should consider increased resiliency.
Codes and Standards | Oct 24, 2016
Building energy codes projected to save $126 billion in energy costs from 2010-2040
Commercial and residential structures are both included in the total.
Codes and Standards | Oct 24, 2016
Fall hazards, hazard communication lead 2016 OSHA top violations
The 2016 list bears a strong resemblance to the 2015 list.
Codes and Standards | Oct 21, 2016
Green Bond Guidelines for the Real Estate Sector updated
The market growth is a signal of future opportunities.
Codes and Standards | Oct 20, 2016
What top-ranked energy efficiency states are doing right on codes, utility mandates
Calif., and Mass., use aggressive targets to lead nation.
Codes and Standards | Oct 20, 2016
New cross-laminated timber fire tests back proponents of high-rise wood structures
'Demonstrating for the first time the feasibility of tall mass timber buildings in the U.S.’
Codes and Standards | Oct 14, 2016
ASCE issues first tsunami-safe building standards
The new standards will become part of international building code.
