9/23/2008

ConsensusDOCS Establishes the New Consensus Standard in Construction Contracts as it Marks First Year of Publication

Washington, D.C. - September 28, 2008 marks the one-year anniversary of ConsensusDOCS™, which has become the first consensus standard contracts written by and for the construction industry. ConsensusDOCS invited the entire construction industry together to draft consensus standard contract documents. More than 3,000 unique office locations with upwards of 50 people per location are currently using ConsensusDOCS on projects. Moreover, there is a steady stream of 75 to 100 users joining the program each month.

“I’ve reviewed more ConsensusDOCS subcontracts in the last year than I’ve seen other standard form subcontracts in my entire career,” commented David R. Hendrick, Esq. of Hendrick Phillips Salzman & Flatt PC in Atlanta, Georgia.

In addition to producing a comprehensive library of contracts that address all project delivery methods, ConsensusDOCS introduced the first standard tri-party or integrated project delivery contract, which has taken the industry by storm.

“Now that Owners have a choice written by Owners, I predict that they will turn to ConsensusDOCS contracts, in particular the ConsensusDOCS 300 Tri-Party Agreement to break the mold and obtain the better project results that Owners demand,” said Ricardo Aparicio, Past-President of Construction Owners Roundtable (CURT) and Senior Counsel to General Electric.

ConsensusDOCS further established itself as the leader in construction contracts with the release of the ConsensusDOCS 301 BIM Addendum on June 30, 2008. The BIM Addendum is the first and only standard document to comprehensively address the legal ramifications of using Building Information Modeling (BIM).

“BIM is transforming the construction process and the BIM Addendum provides a balanced approach for all parties, including design professionals, to implement and facilitate the adoption of BIM,” added Davis Chauviere, AIA, Principal and CIO of HKS, Inc. in Dallas, Texas.

Originally drafted and endorsed by 20 leading construction organizations, ConsensusDOCS has added American Wall and Ceiling Institute (AWCI), National Association of Electrical Distributors (NAED), as well as the endorsement of the Construction Management Association of America (CMAA) for the ConsensusDOCS 301 BIM Addendum. In addition, the American Institute of Steel Construction (AISC), and the National Institute of Building Sciences (NIBS) actively contributed to the new ConsensusDOCS BIM Addendum.

The industry has conducted hundreds of educational seminars and sessions on the documents, including more than 70 in-person education seminars and courses throughout the county and 10 national Webinars. Most recently, ConsensusDOCS garnered a record-setting 500 construction attorneys to the American Bar Association (ABA) Forum on Construction Fall Program that devoted the entire program exclusively to ConsensusDOCS. The term ConsensusDOCS appears in more than 15,000 entries on the internet.

“Interest and usage in ConsensusDOCS has exceeded our expectations, and we project that the rate of adoption will accelerate during the next 12 months,” commented Brian Perlberg, Executive Director and Senior Counsel of ConsensusDOCS.

In celebration of its first anniversary, ConsensusDOCS has issued a Reference Kit CD available at the limited time price of just $92.87, which includes complete samples of 80+ documents and helpful commentary. For more information, please visit ConsensusDOCS.org or call 1-866-925-DOCS (3627).