The ConsensusDocs Coalition is offering the first standard contract document that addresses prefabricated construction.
ConsensusDocs 753 Standard Prefabricated Construction Contract addresses the most common use-case scenario of prefabricated construction in which a constructor, general contractor, design-builder, or construction manager contracts with a prefabricator to fabricate a component off site that is later installed on a worksite. Industry leaders, including the Modular Building Institute (MBI) and volunteers and staff from National Institute of Building Sciences (NIBS), Off-Site Construction Council, developed the document over two years.
“While prefabricated construction or modular building has been around for decades, important contractual and legal issues have remained unaddressed in most construction contracts,” according to a ConsensusDocs news release.
“The new ConsensusDocs Prefabricated construction contract advances the understanding and risk allocation desperately needed because prefabricated construction is revolutionizing the way construction will occur in a post pandemic construction world,” said Ron Ciotti, a partner with Hinkley Allen.
“This is one of the most anticipated contracts in ConsensusDocs history because there is a glaring need to address the growing trend of prefabricated construction or modular building, and current contracting practices simply do not cut it,” added ConsensusDocs Executive Director and Senior Counsel Brian Perlberg.
Related Stories
School Construction | Jul 11, 2016
Fight over school funding in Arizona headed to court
Legislature accused of ignoring 1994 ruling ordering state to pick up some of the costs.
Green Specifications | Jul 8, 2016
World Green Building Council sets goal of 100% net-zero buildings by 2050
All new buildings and major renovations to be net-zero by 2030.
Market Data | Jul 7, 2016
Airbnb alleged to worsen housing crunch in New York City
Allegedly removing thousands of housing units from market, driving up rents.
Urban Planning | Jul 7, 2016
Y Combinator project would build new city using new technology, urban policies
Zoning, property rights, building codes all could be re-imagined.
Green | Jul 6, 2016
U.S. healthcare system’s GHG emissions rise 30% in past decade
If U.S. healthcare were a country, it would rank 13th in GHG emissions.
Codes and Standards | Jul 5, 2016
State legislature fails to pass law to extend design-build for New York City projects
Would have allowed five city agencies to use alternate delivery method.
Energy | Jun 30, 2016
Energy Department partnership with CoStar Group will study sustainability impact on property valuation
Database will offer rich data set on energy-efficient buildings in the U.S.
Contractors | Jun 30, 2016
Chicago contractor found guilty of fraud on city’s requirement on minority-owned businesses
Alleged to have been sham business in bid to win city public works contract.
Codes and Standards | Jun 29, 2016
OSHA starts evaluation of construction industry noise standards
New studies indicate significant number of construction workers suffer hearing loss.
Seismic Design | Jun 28, 2016
ASTM International updates seismic risk standards
Expected to improve consistency of risk evaluation on commercial real estate transactions.