- Consensusdocs 300 – Tri-Party Agreement for Integrated Project Delivery (IPD)
Project Description: The new $154,000,000.00, 180,000-squre-foot, 140 bed, acute care hospital in Temecula California, will have all private rooms and a 20-bed intensive care unit (ICU), as well as six high-tech surgical suites, digital imaging and an advanced electronic clinical information system. A relatively new feature at Temecula Valley Hospital will be a Consolidated Treatment Unit — a uniquely designed emergency department that is flexible and versatile, allowing expansion according to need — and where inpatients and outpatients can prepare for procedures.
Project Testimonial: “The owner wanted a team that could deliver a hospital that was 30% less in cost and 30% more efficient than any systems best performing facility than the average California hospital. The owner also wanted it to be the fastest to market from design to completion (heads in beds). The owner assembled a highly collaborative team before any drawings were created and established a risk / reward contract using ConsensusDocs 300 which would guarantee all signers labor cost, but require a guaranteed price by putting our profits into one pool. This arrangement would insure collaboration and innovation from all signers to meet the requirements of budget and schedule while adhering to the owners establish conditions of satisfaction.”
Steven Wilson Associate DBIA™ / Principal, HMC Architects