New and improvedStephen M. Phillips
Led by the Associated General Contractors (AGC) of America, a
group of 20 construction industry organizations representing
owners, contractors, subcontractors and sureties issued a
collectively endorsed set of construction contract documents in
late September 2007. Marketed as ConsensusDOCS, the new contract
forms are intended to compete against the well-established standard
construction contract forms issued by The American Institute of
Architects (AIA) and serve as new model contract forms for all
construction industry segments.
In addition to AGC, participating trade associations included
the American Subcontractors Association (ASA) Inc., Associated
Builders and Contractors, Associated Specialty Contractors (ASC),
Sheet Metal and Air Conditioning Contractors National Association,
Construction Owner Association of America, Construction Users Round
Table, National Association of Surety Bond Producers and NRCA.
AIA, which released the latest edition of its standard
construction contract documents in October 2007, did not
participate in drafting ConsensusDOCS. (For more information about
AIA's forms, see "Separate
corners," February issue, page 48).
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