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 | Aug 3, 2021
Dept. of Energy releases initial version of the Spawn of EnergyPlus software
Targets new use cases in advanced controls, district systems, and grid integration.
Codes and Standards | Aug 2, 2021
Several U.S. cities among most expensive places to build in the world
San Francisco, New York, and Boston head the domestic list.
Codes and Standards | Jul 28, 2021
American Concrete Institute creates new director of innovative concrete technology post
Aim is to attract emerging technologies for development.
Codes and Standards | Jul 28, 2021
Higher ed faces infrastructure backlog of $112.3 billion
Study recommends integrated strategic planning for best results.
Codes and Standards | Jul 27, 2021
Add a wobbly moon to flooding risk factors
Earth satellite’s orbit variations will lead to sunny-day flooding in the mid-2030s.
Codes and Standards | Jul 26, 2021
Revamping of Florida building codes on the table after condo collapse
Tragedy could prompt upgrades like post-Hurricane Andrew effort.
Codes and Standards | Jul 21, 2021
Proposal to give Calif. hospitals more time for earthquake retrofits stirs controversy
State hospital association says 2030 deadline should be extended.
Codes and Standards | Jul 20, 2021
New York, New Jersey legislatures may revamp bidding rules to promote low-carbon concrete
Contractors would have to certify that their concrete is in compliance.
Codes and Standards | Jul 19, 2021
Lack of information on carbon emissions challenges construction industry
Reports recommends whole-life carbon assessments on building projects.
Codes and Standards | Jul 19, 2021
Florida condo collapse spurs increased scrutiny on inspections, regulations
Insurers demand proof of current inspections.
