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Taking Steps Toward Model as the Legal Document (MALD) Through Data Standards

ENR Construction

Many states are already moving to approve models as the official engineering document of record. What is the impact on bidding, construction, and inspection?

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New Sustainable Projects Exhibit in 2017 AIA Contract Documents

Green Building Law Update

Last week the American Institute of Architects released the 2017 edition of the A201 family of contract documents, including updated versions of the AIA’s documents developed for the design-bid-build delivery model. The previous version of the design-bid-build contract documents included a Sustainable Project version.

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Credible Construction Estimate Core Elements

Job Order Contracting

GAO, 2009 The associated processes for developing a credible construction cost estimate are equally well documented. “Despite the fact that these basic characteristics have been published and known for decades, we find that many agencies still lack the ability to develop cost estimates that can satisfy them”. –

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

Construction Business Owner

ASC 842 keeps the same two-model lease classification but requires most off-balance-sheet leases, regardless of classification type, to be recorded on the balance sheet. These types of transactions are not always sufficiently documented, and terms and conditions may not be at arm’s length.

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Projecting the future:BIM Focus on Images? Legalities?

Carol Hagen

Building Information Modeling (BIM) is the hottest construction tool and has been embraced by General Contractors, Mechanical Contractors Architects, etc. ConsensusDocs has addressed BIM extensively in their contract documents and large scale complex projects certainly are reaping the rewards of BIM everyday.

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Legals Aspects of BIM – UK – 2013

Building Information Management

Here’s a quick overview of a recent meeting discussing the legal aspects of BIM held July 2013. The Protocol should detail all Building Information Models that are going to be produced by all parties contracted to the employer on the project. BIM COBIE 2013 framework LEGAL UK' Key items a noted below: 1.

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Lawyers’ Opinion Matters in Green Building Transactions

Green Building Law Update

This law firm is increasingly called upon to give legal opinions that a green building is LEED certified, certifiable or otherwise ‘really’ a green building. Traditionally, legal opinions in the context of loan transactions provide assurances that the loan documents are valid, binding and enforceable.

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