The ConsensusDocs Coalition has published the 300 Multi-Party Integrated Project Delivery (IPD) Agreement and the related 396 Joining Agreement.
The new documents reflect a comprehensive revision of the ConsensusDocs 300 IPD Agreement, which was an industry-first document when published in 2007. “This document achieves a significant breakthrough and should become the most used standard IPD agreement based upon the positive feedback received to date,” says Joe Cleves, Construction head and partner at DBL Law. “In many ways, the 300 is the Coalition’s flagship contract, because it reflects the collaboration and utilization of best practices that are central tenants of ConsensusDocs to improve the A/E/C industry.”
“This update provides a clear articulation of how to contract for lean integrated project delivery by addressing the construction process, commercial terms, and organizational structure,” comments Brian Perlberg Executive Director of ConsensusDocs. “There are no other IPD standard documents that address all of these areas.
A complimentary Guidebook will soon be available on the ConsensusDocs website. The Guidebook will highlight issues, provide sample Risk Pool Plans, and offer a sample responsibility allocation matrix.
Related Stories
Codes and Standards | Feb 22, 2019
California’s carbon reduction goals to be aided by programs to convert heating, hot water systems
Switch from propane to electricity is critical to plan.
Codes and Standards | Feb 21, 2019
Researchers develop software that can calculate potential solar energy yield at any location
Accounts for dynamic shading from trees, buildings and other structures.
Codes and Standards | Feb 20, 2019
Hospitals not making much progress in reducing their carbon footprint
Energy benchmarking survey shows flat emissions pattern over past 20 years.
Codes and Standards | Feb 15, 2019
Super Bowl stadium helps alleviate Atlanta’s flood problems
Capacity to store more than 2 million gallons of storm water on site.
Codes and Standards | Feb 14, 2019
ISO publishes first global BIM standards
Based on British standard and a publicly available standard.
Codes and Standards | Feb 12, 2019
Property technology adoption accelerates in commercial real estate industry
New business models create disintermediation.
Codes and Standards | Feb 11, 2019
Investing in downtowns pays off for cities, regions
Benefits include driving tax revenue, business activity, and smart development.
Codes and Standards | Feb 8, 2019
Oslo, Norway’s downtown goes virtually car-free
Parking spots converted to bike lanes, transit is fast and easy.
Codes and Standards | Feb 7, 2019
New North Carolina energy code has extensive lighting control requirements
Includes automatic shut offs for buildings of all sizes.
Codes and Standards | Feb 6, 2019
Solar carports can help with California’s Title 24 mandates
Can be combined with virtual net-metering software and tax-enabled financing.