Reasons Your ProjectsNeed ConsensusDocs

ConsensusDocs®

BUILDING A BETTER WAY

Construction contracts can make the difference between project failure or success.

ConsensusDocs are the only standard contracts written and endorsed by more than 40 leading design and construction associations representing owners, contractors, subcontractors, sureties and design professionals. Owner organizations play a key role in developing ConsensusDocs, which are drafted by industry expert practitioners and professionals. The contracts fairly allocate risk to reduce costly contingencies while aligning the entire project team with the owner’s goals. ConsensusDocs help owners get the best project team, at the best prices, for better project results.

Building a Better Way ~ ConsensusDocs.org

1 Save Transactional Costs and Time Begin your projects with an industry-endorsed contract to avoid drafting from scratch or negotiating the same one-sided terms.

2 Attract the Best Team for the Best Pricing By using fair contracts that do not shift risks inappropriately, designers and contractors don’t have to increase prices to account for unknown risks.

3 Establish Positive Working Relationships Direct communications encourage positive relationships to help you avoid unnecessary reporting layers and focus on project results.

4 Prevent, Mitigate and Resolve Disputes Innovative dispute resolution and mitigation procedures provide strong financial incentives for parties to resolve issues early.

5 Owners Sit in the Driver’s Seat ConsensusDocs are the only contracts written and endorsed by owner organizations. Owners have the choice to be an active participant, rather than just check-signers.

6 Owners Have Greater Flexibility ConsensusDocs provide the option for owners to obtain greater permission to use design documents while respecting intellectual property rights.

7 Utilizing BIM and IPD The BIM Addendum is the only standard contract to comprehensively address BIM, and the Tri-Party is the first standard IPD contract.

8 A Balanced Approach to Liability Exposures Owners have the most to gain or lose. A mature approach to consequential and liquidated damages provides strong financial incentives for performance.

9 Access Your Contracts Anytime, AnywhereCloud-based technology allows you to access your contracts when and where you need them, and MS Word® allows for easy editing.

10 Building a Better Way for Better Project Results Through fair and balanced risk allocation, and the unique ConsensusDocs collaboration platform, Owners attract the best team for better project results.

Utilizing BIM and IPD The BIM Addendum is the only standard contract to comprehensively address BIM, and the Tri-Party is the first standard IPD contract.

Access Your Contracts Anytime, AnywhereCloud-based technology allows you to access your contracts when and where you need them, and MS Word® allows for easy editing.

Construction Practices Have Evolved, So Should Your Contracts

24/7 ACCESS – Access your contracts anytime, anywhere via our new cloud-based system.

EASY TO EDIT – If you know how to use Microsoft Word®, you know how to customize ConsensusDocs contracts.

EASY TO COLLABORATE – Invite anyone to collaborate on your contract for free and you control editing rights.

CREATE FAVORITES – Create “Favorites” at the click of a button from ConsensusDocs contracts that have been modified to meet your unique needs.

CONVERT & COMPARE – Comparison tools allow you to easily see changes from one document version to another. Upload and convert your own documents.

FREE GUIDANCE – User instructions are embedded within the contracts and reference the free ConsensusDocs Guidebook.

ConsensusDocs offers 100+ contract documents that help you save time and money for better project results. The contracts address all methods of project delivery, as well as cutting-edge trends and practical needs, including:

• BuildingInformationModeling(BIM) • IntegratedProjectDelivery(IPD)

• GreenBuilding • Design-Build

• Commissioning • CM-at-RiskandCM/GC

• FederalContracting • JointVentures

ConsensusDocs Coalition40+ Leading Design and Construction Industry Associations

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ION OF WOMEN IN CONSTRUCTION

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ConsensusDocs.org