Integrated Project Delivery (IPD) greatly improves project outcomes by realigning the contractual relationships of project team members to serve the best interests of the project rather than any one team member...Read More.
Construction is a risky business and so is predicting the future. Looking forward, two types of general contractors will exist: those that embrace change and plan accordingly, and those that stay the course and sink. Industry standard contracts establish the foundation for risk in construction, and they are changing too.
ConsensusDocs, a coalition effort that produces best practice standard construction contracts, has recently updated its most used prime and subcontract agreements as part of a five-year revision cycle...Read More