ConsensusDOCS Poised to Change the Industry 10/15/2007 | For the first time, broad industry representation has an equal voice in collaboratively drafting construction contracts At the end of September, a diverse group of 20 construction associations representing designers, owners, contractors, subcontractors, and sureties launched ConsensusDOCS, with more than 70 collaboratively drafted construction contracts. The release of ConsensusDOCS marks the first time that broad industry representation has had an equal voice in collaboratively drafting construction contracts. The unprecedented buy-in for these contracts reflects a genuine effort to identify and employ best practices to better the industry. Lauded as one of the "most significant industry developments in the last 20 years" by Stephen Sandherr, CEO of the Associated General Contractors of America, ConsensusDOCS is unique in that each document was drafted to reflect the project's best interests rather than a single party interest. The documents help parties to focus on better project results rather than negotiating risk-shifting contract terms or, worse, contract claims in court to assess fault. There are more than 70 documents that address all project delivery methods, from design-bid-build through a new innovative collaborative agreement. These cutting-edge contracts and forms help address emerging issues such as electronic communications and building information modeling. The broad industry involvement helped to shape contracts that represent the best interests of the project. The documents represent discussions by each group on appropriate risk sharing and other important issues. For more information, visit (http://www.consensusdocs.org/). Previous ArticleNext ArticleENERGY STAR Announces 2013 Upgrade of Portfolio Manager Twitter Facebook LinkedIn Email Share Share Other Open Social Related Coverage Strategies for Reducing Greenhouse Gas Emissions Algae Project Aims for Reliable Energy ISSA Announces Merger with CSSA Related Articles Sustainability / Resilience Next Generation Green Restroom Design Sustainability / Resilience Showcase Your Healthy Building with Dual Certifications Sustainability / Resilience Here's What You Can Do For America Recycles Day Sustainability / Resilience 5 Ways Your Building is Wasting Energy Life/Fire Safety 7 Most Essential NFPA® Standards for Building Owners Sustainability / Resilience How to Future-Proof Your Building Building Controls The First Steps of Adding Intelligence to Your Facility Energy Management How to Increase Productivity and Engagement in Outdoor Spaces Building Controls Fine-Tuning HVAC Controls for Maximum Efficiency Sponsored Links Smart roof systems improve building energy efficiency. Polyglass’ Polyfresko® cap sheets with CURE Technology® saves on energy. Engineered to perform, Polyfresko has superior granule adhesion and excellent puncture, stain and UV resistance. Increase profitability by cleaning smarter and transforming your building into a high performing asset. Get tips from High Performance Building experts Whether it’s earning an IREM credential or increasing your job skills, any goal in property management can be accomplished with IREM education. Click here to visit our website!