ConsensusDocs Posts Free Materials from "Why Bond Forms Matter ... A Practical Guide to Better Bonding," Webinar to ConsensusDocs.org
If you missed the ConsensusDocs webinar, "Why Bond Forms Matter ... A Practical Guide to Better Bonding," held in December, the slide presentation and audio recording of it are now available to download for free from Consensusdocs.org. The panelists explained why surety bonding is a critical component of risk allocation for many construction projects and described the distinctions between commonly used bond forms and potential ramifications of those distinctions. The panelists included Michael C. Zisa, partner of Peckar & Abramson; Deborah S. Griffin, senior counsel of Holland & Knight; and Joanne S. Brooks, vice president and counsel of the Surety and Fidelity Association of America. Zisa served on the panel that presented the NASBP Federal Construction Contracting Seminar held in June and will be presenting on Joint Ventures at the NASBP Annual Meeting & Expo on May 16 in Colorado Springs and presenting on federal construction contracting concerns at the NASBP Seminar on June 9 in Washington, DC.
ConsensusDocs Releases New Multi-Party IPD Agreement and Joining Agreement
Last month, the ConsensusDocs Coalition published the highly anticipated 300 Multi-Party Integrated Project Delivery (IPD) Agreement and the related 396 Joining Agreement. The new documents reflect a comprehensive revision of the ConsensusDocs 300 IPD Agreement, which was an industry-first document when published in 2007. The working group formed to update the documents was co-chaired by Joe Cleves, Construction head and partner at DBL Law, who possesses extensive experience on IPD agreements, and has served as LCI’s outside general counsel. Will Lichtig also co-chaired and is president of the Lean Construction Institute (LCI) and recognized as one of the world’s preeminent practitioners of lean and IPD at Boldt Construction.
“This document achieves a significant breakthrough and should become the most used standard IPD agreement based upon the positive feedback received to date,” stated Cleves. “In many ways, the 300 is the Coalition’s flagship contract, because it reflects the collaboration and utilization of best practices that are central tenants of ConsensusDocs to improve the A/E/C industry.”
“This update provides a clear articulation of how to contract for lean integrated project delivery by addressing the construction process, commercial terms, and organizational structure,” commented Brian Perlberg Executive Director of ConsensusDocs. “At this time, there are no other IPD standard documents that address all of these areas. For this reason, ConsensusDocs believes the new document will become the standard IPD agreement going forward to both experienced and relatively new IPD practitioners alike”.
A complimentary Guidebook will soon be available on the ConsensusDocs website. The Guidebook will highlight issues, provide sample Risk Pool Plans, and offer a sample responsibility allocation matrix.
The NASBP membership receives a 20% discount on all ConsensusDocs purchases. Simply use Discount Code “NASBP400” when prompted at purchase at www.ConsensusDocs.org.
Remember ConsensusDocs Now Offers its 11 Bond Forms for Free in One Package
ConsensusDocs offers its eleven bond forms for free through its Prequalifications & Bond Forms Package. The package offers surety professionals these benefits:
• Easy editing through the ConsensusDocs Micosoft Word-based technology,
• A collaborative platform helping parties reach consensus faster,
• Current versions of each ConsensusDocs bond form, and
• Convenient access with 24/7 availability.
To access the package, go to the "Quick Purchase" tab at the top of the homepage of www.ConsensusDocs.org. Following through the purchase process is required but the balance due will be $0.
ConsensusDocs Software Training Webinars
Register for the live training webinars at http://www.consensusdocs.org/Support.
The following is a schedule of upcoming, free online training sessions of the ConsensusDocs cloud-based platform:
- Wednesday, January 13, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, February 10, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, March 16, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, April 13, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, May 18, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, June 15, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, July 13, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, August 10, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, September 14, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, October 12, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, November 16, 2016, 2:00 PM - 3:00 PM ET
- Wednesday, December 14, 2016, 2:00 PM - 3:00 PM ET
This 60-minute webinar addresses these aspects of the ConsensusDocs technology platform:
- 24/7 Access – Access contracts anytime, anywhere via a secure cloud-based system.
- Easy Editing – Use MS Word® to customize ConsensusDocs contracts.
- Easy Collaboration – Collaborate with others for free - you control editing rights.
- Favorites – ConsensusDocs contracts modified to meet your unique needs.
- Conversions – Upload and convert your own documents.
- Comparisons – Quickly see differences between documents.
- Free Guidance – Embedded instructions and the free ConsensusDocs Guidebook.
Request a Free Sample ConsensusDocs Contract
Remember that full, sample ConsensusDocs contracts can be requested. To request a full sample ConsensusDocs contract for your internal review purposes, fill out the ConsensusDocs Sample Request form that is at www.consensusdocs.org. Note that any use of the contract, other than for internal review purposes, must come from a valid subscription purchase at www.ConsensusDocs.org.
Anyone interested in using ConsensusDocs for educational or legal research purposes can apply for a free ConsensusDocs copyright license. Once the application is processed, applicants will receive a numbered copyright license letter and full watermarked samples of the requested documents. Licenses must be renewed on a yearly basis, and are contingent upon compliance with the terms of the license letter. To complete an application for copyright licensing, visit the resources page at ConsensusDocs.org.
ConsensusDocs Documents are the only contracts endorsed by 42 leading design and construction industry organizations. Offering a library of 100+ contract documents addressing all methods of project delivery, ConsensusDocs incorporate fair risk allocation and best practices to represent the project’s best interests. Coalition members represent design professionals, owners, contractors, subcontractors and sureties (DOCS). For more information, visit www.ConsensusDocs.org, call 1-866-925-DOCS (3627) or email support@ConsensusDocs.org.
NASBP is an endorsing organization of the ConsensusDocs coalition, an unprecedented effort by 42 plus industry organizations to identify industry best practices and to incorporate such practices in a new generation of construction industry standard form documents. Find out more at the NASBP's involvement with ConsensusDocs by clicking here.