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ConsensusDOCS

The January 22 Special Event on The Future of Construction Contracts was a big success with more than 140 participants. Those in attendance heard from a significant group of experts about the background and status of the new ConsensusDOCS and a comparison of them to the new AIA 2007 series of construction documents. Clearly the ConsensusDOCS offer a much more balanced and fair agreement between the parties. This event was jointly sponsored with ABC which helped bring together a wide range of people and companies involved in construction in West Michigan. If you were there you were able to learn a great deal. If you were not you missed a great opportunity. However, the opportunity is not totally lost. We have a complete audio and video recording of the event available in DVD format. The price for this recording is $12 for those who registered for the event and $60 for those who were not registered for the event. Please contact me if you want to purchase a copy.   cjshroll@asawm.org or (616)437-0305

 

The Future of Construction Contract Documents is Here - Now

On Friday, September 28, a diverse group of 20 construction associations representing designers, owners, contractors, subcontractors and sureties will launch ConsensusDOCS, with more than 70 collaboratively drafted construction contracts.
   The release of ConsensusDOCS represents 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.

“The release of ConsensusDOCS is one of the most significant industry developments in the last 20 years,” said Stephen E. Sandherr, chief executive officer of the Associated General Contractors of America (AGC). “We believe this effort will positively transform the industry’s use of standard contract documents.”

ConsensusDOCS is unique because each document was drafted to reflect the project’s best interests, rather than a single party interest. These 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.

“The best practices of the 2007 ConsensusDOCS establish a new 'gold standard' for defining contractual relationships in design and construction projects,” said E. Colette Nelson, executive vice president of the American Subcontractors Association Inc. (ASA). “These documents encourage practices that are in the best interest of all parties to a project rather than merely reflecting existing unfair business practices and industry trends.”

There are more than 70 documents that address all project delivery methods, from design-bid-build through a new innovative collaborative agreement (ConsensusDOCS 300). These cutting-edge contracts and forms help address emerging issues such as electronic communications and building information modeling (ConsensusDOCS 200.2). CLICK HERE to go to the ConsensusDOCS web site and learn more or order copies. ASA members are eligible for a discount.