In the US, putting a capital asset into place has traditionally been a disjointed and inefficient activity. Pressure from clients has forced both design firms and construction contractors to recognize that the process has to work more efficiently. Project teams shifting focus to project success rather than project disputes has resulted in a blurring of the... Continue Reading →
New ConsensusDocs Design-Build Joint Venture Agreement Published
The ConsensusDocs Coalition has published and released a new Joint Venture Agreement for a Design-Build Project. It is the first industry standard joint venture contract for firms combining to take the prime risk on a design-build project. On design-build projects there is usually a prime—a developer, a design-build entity, a contractor, or a design firm—serving... Continue Reading →