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 | Sep 26, 2016
Washington State Energy Code updates include dedicated outdoor air system requirements
The updates will change design approach to HVAC.
Codes and Standards | Sep 22, 2016
Construction firms pulling back from federal market due to new reporting rules
‘Subjective, very vague’ policies are said to create too much risk.
Codes and Standards | Sep 21, 2016
Airbnb presents legal liability for multifamily owners
How building owners can reduce risks.
Codes and Standards | Sep 21, 2016
Healthy buildings becoming a key design priority for both architects and building owners
Nationwide survey finds nearly three of four architects cite health impacts influencing design decisions
Data Centers | Sep 19, 2016
New ANSI/ASHRAE data center standard is performance-based, more flexible
The aim of the standard was to ‘not stifle innovation.’
Codes and Standards | Sep 16, 2016
Calm weather tidal flooding impacting several communities on East and Gulf Coasts
Local officials face the prospect of costly mitigation projects.
Codes and Standards | Sep 15, 2016
OSHA appoints new director for its construction directorate
The forty-year industry veteran has been a GC and business owner.
Energy | Sep 13, 2016
Oberlin College to hold conference on post-fossil fuel economy
The gathering will address climate change and new sources of energy.
Industry Research | Sep 12, 2016
Evidence linking classroom design to improved learning mounts
A study finds the impact can be as much as 25% per year.
Legislation | Sep 8, 2016
Half of U.S. states now allow design-build on public projects
Missouri is the latest to enact design-build legislation.