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The Impact of ASC 842 – The New Lease Standard Is Here

Construction Business Owner

It is time for contractors to get serious about the FASB ASU 2016?02 Going forward there will be a long-term asset offset by a current liability and a long-term liability. These types of transactions are not always sufficiently documented, and terms and conditions may not be at arm’s length. Greg Ragsdale.

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Why It’s Time for Contractors to Adopt Collaborative BIM

Viewpoint Construction Technology

In the 2016 report, construction companies indicated they were planning to implement Virtual Design & Construction (VDC) teams. Accessible, version-controlled documents —BIM software solutions simplify data management and expand accessibility of documents to the entire team. in 2016 to 10.4

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USGBC Making Significant Change to LEED 2009

Green Building Law Update

Green Building Council has just announced that all new projects registering for LEED 2009 beginning on April 8, 2016 will need to satisfy increased minimum energy performance thresholds. You can read the specific changes in the Rating system document. USGBC reported the results of the balloting with 78.6

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Will Proposed Change to LEED 2009 Kill the Goose that Laid the Golden Eggs?

Green Building Law Update

Rick Fedrizzi, USGBC CEO and founding chair, announced on October 29, 2014 that users will be able to register projects under the LEED 2009 rating system until October 31, 2016. You can read the specific changes in the Rating system document. But now, USGC is proposing an “update” (i.e., a substantive change) to LEED 2009.

Green 120
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Financial regulator on trail of Carillion

Construction Law

Big Four’ auditor KMPG admitted falsifying documents and providing false and misleading information relating to inquiries being made concerning Carillion and has been fined £14.4 KPMG admitted its liability for the acts of all the individuals and accepts that those acts amounted to misconduct. Million; costs of £3.95

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Suing But Not Because it was Not a Green Building

Green Building Law Update

With the maturation of the green building industrial complex it has become clear there is no more or additional liability associated with constructing a green building versus a similar non green structure. The architect’s website still highlights the project describing it as “designed to achieve LEED Platinum.”.

Green 120
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Best Practice Job Order Contracting

Job Order Contracting

a) The DPW must document the decision and plan to use a JOC in support of an installation or activity. The decision to use JOC must also be documented and approved when the JOC is re-solicited. Best Practice Job Order Contracting. 5117.9004 Procedures. 5117.9004-1 Presolicitation. (a) AFARS Revision #15, dated February 17, 2005].

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