ConsensusDocs, a coalition of 40 design and construction industry associations, recently published two updated short form agreements.
The ConsensusDocs 235 Owner & Constructor Short Form Agreement (Cost of Work), and the ConsensusDocs 245 Owner & Design Professional Short Form Agreement are part of a comprehensive five-year update cycle to the general contracting series, which were released in December 2016.
The revised contracts address industry changes impacting insurance, legal, technology, and terminology. The Coalition will continue to release new and updated contract documents throughout 2017.
ConsensusDocs are the only contracts written by leading design and construction industry organizations. The organization provides a catalog of 100+ contract documents that incorporate fair risk allocation and best practices to represent the project’s best interests versus any one party, ConsensusDocs said in a press release.
Related Stories
| Jan 30, 2012
ZigBee and ISO 50001: Two new standards to make buildings greener
These developments demonstrate the dynamic nature of the market and the continued need for development of program standards of many different types that help builders and owners translate high performance and sustainable buildings goals into practical measures on the ground.
| Jan 30, 2012
New firm-fixed-price rules on federal contracts impact construction industry
Contractors will need to be on the lookout for policies such as the Contractor Accountability for Quality clause.
| Jan 30, 2012
Roofer’s fatal plunge demonstrates need for fall-prevention regulations
“The biggest problem is getting our workers to use the equipment,” says Michael J. Florio, executive director of the organization.
| Jan 26, 2012
Tampa moves to streamlined online permitting system
The system will replace an inefficient patchwork of old software and is designed to provide businesses, homeowners, and contractors with online access to permitting and licensing information.
| Jan 26, 2012
EPA to collect more data, seek comments before finalizing mud rule
The EPA says it will seek more data and is accepting comments until March 5.
| Jan 26, 2012
Industry challenges Connecticut's suit over defective construction work
The dispute arose over multimillion-dollar leaks at the University of Connecticut's law library.
| Jan 26, 2012
Earthquake 'fuse' could save buildings during temblors
The idea is to use an earthquake "fuse" that can prevent the tiny fractures and warps that make structures unsafe after a quake and very expensive to repair.
| Jan 26, 2012
HPD open materials standard for green building materials gains momentum
GreenWizard, provider of a cloud-based product management and project collaboration software, is the latest industry participant to sign on
