Remove AGC Remove Claims Remove Estimating Remove Liability
article thumbnail

Say This Three Times Fast: Sequestration, Construction and Contractor Claims!

Best Practices Construction Law

Last December, the Associated General Contractors of American (AGC) released a report called Sequestration and Its Possible Impacts on Construction (pdf). In a recent update about What Contractors Should Know , AGC estimates that as much as $4 billion in federal construction funding could be cut during the next seven months.

Claims 54
article thumbnail

ConsensusDOCS v. AIA – Form Contract Wars

Construction Law Monitor

AIA documents are formed on the premise that an owner will seek out a qualified architect to begin a project, thus placing more liability and responsibility on that architect. This coalition is made up of contractor, subcontractor, owners, estimators and surety bond producers among others.

AIA 61
article thumbnail

BIM Glossary Terms and Definitions – NBIMS-US – 2013

Building Information Management

In BIM parameter estimating, the accuracy[1] of a measurement system is the degree of closeness of measurements of a quantity to that quantity’s actual (true) value. A term describing the inflated, and/or deceptive, claims of using or delivering Building Information Modeling services or products. 14) [link] /. V3 Definition*.

BIM 40