When we receive a ConsensusDocs subcontract at Lone Star Paving, we know we are dealing with a prime contractor that is committed to fair contracting by utilizing the industry accepted best practice for contracting. When we are presented a ConsensusDocs Subcontract, we know that we are being given the chance to negotiation and finalize a contract beginning with fair and equitable terms.
We have been using ConsensusDocs since its founding in 2007. We have found the form agreements to be fair and balanced between the Owner and Contractor. For us, we typically work on Design/Build industrial projects with significant emphasis on machinery and equipment for various processes. We have found the ConsensusDocs to be highly flexible for adapting to these project types and it has been equally invaluable to have the many tiers of form contracts available for a fully coordinated project. The level of detail is more than adequate, and the form is easy to administer for all parties. We have found the subcontracting community to be very receptive to these agreements.
I prefer ConsensusDocs to other industry form contracts. Off the shelf, they are clear and comprehensive and allocate risk reasonably to all project members. They strive to serve the project rather than any single participant. They are also easy to edit to reflect the particular needs of an owner on any given project. Owners can maintain edited templates that reflect their way of doing business on issues like payment, insurance, submittals and disputes. There’s not a better form contract in the industry.
ConsensusDocs is about much more than just producing model documents — it’s about changing the way that the construction industry thinks about contracts and contract negotiation. The question is: Where should negotiations start? The ConsensusDocs documents are a good answer for contractors and subcontractors. Early on, ConsensusDocs made a decision that its process for developing contract language for the industry would be transparent and inclusive and their collaborative approach may also inspire others to re-think the old, stereotyped ‘push risk to the weakest party’ approach to negotiating contracts.
SMACNA is pleased to have been a partner in the development of the ConsensusDocs. We are particularly satisfied with the more favorable payment, indemnity and consequential damages clauses agreed to in the subcontract form, ConsensusDocs 750.
Of all the industry forms available, ConsensusDocs is by far the most balanced substantively, and is powered by the easiest software to use for accurately tracking multiple revisions.
BIM is transforming the construction process and the ConsensusDocs BIM Addendum provides a balanced approach for all parties, including design professionals, to implement and facilitate the adoption of BIM.
We are pleased to have supported and endorsed this valiant industry effort. For once the industry has come together in a truly collaborative way to create value for all the stakeholders.
One of the biggest concerns contractors and others have about using building information modeling is the fear that the legal framework is too unsettled. Thanks to ConsensusDocs, that concern can now be put to rest.
I recommend ConsensusDocs to my clients – Owners, General Contractors, and Subcontractors, alike – as a better alternative to other standard industry forms and far more fair and balanced than most custom forms. ConsensusDocs truly do advance the best interests of the project, rather than the best interests of a single participant.