The relationship between business and climate change involves both risks and opportunities. Three risks, in particular, deserve close consideration as each of them highlights business opportunities for the future. Transition Risks What are they? These are the business risks design and construction firms face related to changes in the policy and regulatory landscape; in other... Continue Reading →
It has been 26 months since we first blogged about the effect of COVID-19 on design firms. The dangers to employees, their families, and design firm productivity are still with us. So firms might want to use, or suggest to employees, the CDC Quarantine and Isolation Calculator. The calculator is geared toward the general public and... Continue Reading →
On March 30, the US Department of Energy (DOE) announced new building energy code requirements for federal buildings. Beginning in April 2023, all new buildings and major retrofits constructed by the federal government must comply with the 2021 International Energy Conservation Code (IECC) and the 2019 American Society of Heating, Refrigerating, and Air Conditioning Engineers Standard 90.1 building energy... Continue Reading →
The net outcome of the 3-1 vote by the SEC on March 21, 2022 for proposed rule changes would make climate risk assessments and disclosures a routine part of public financial disclosure rules in the US. The proposed rule aims to standardize climate considerations into financial disclosures to help investors gain a better picture of... Continue Reading →
The opportunity created by the federal stimulus packages passed since 2020 is undeniable, but the capacity to optimize this truly historic moment remains unclear. An infusion of trillions of dollars to keep businesses and governments from feeling too much of the pandemic pain was of primary concern early in the pandemic. In 2021, what transpired... Continue Reading →
With the post-pandemic recovery and federal stimulus funding working its way through the economy, most economists expect inflation to be a concern for the next few years. As we have noted before, there is material price escalation in the construction industry due to material shortages and snarled supply chains, which can result in larger claims... Continue Reading →
The American Society of Civil Engineers (ASCE) released the newly updated ASCE/SEI 7-22, Minimum Design Loads and Associated Criteria for Building Loads and Other Structures. This 2022 edition supersedes ASCE/SEI 7-16 and provides up-to-date and coordinated loading provisions for general structural design. This standard prescribes design loads for hazards such as tsunami, snow, rain, atmospheric... Continue Reading →
Design firms interested in the details of the new infrastructure funding can access information through the special website set up by the White House that addresses the details of the bipartisan infrastructure law. Firms can download a copy of a guidebook on the law that the Biden Administration released on January 31. The Bipartisan Infrastructure Law... Continue Reading →
On February 5, 2020, we published our first blog post warning firms about the possibility of disruptions caused by COVID-19, which was not a pandemic yet. We cautioned firms to contact clients to discuss services and schedules, restructure contracts to address the probability of delays, and protect their employees from exposures. Since that first post... Continue Reading →
The Engineers Joint Committee on Contract Documents (EJCDC) released E‑525, Agreement Between Owner and Engineer for Study and Report Professional Services, 2022 Edition. E-525 is for use when engaging a firm to prepare a study and report. The document addresses project feasibility studies, facility needs, or siting challenges without more detailed design services. The document... Continue Reading →
