Construction contracts sometimes call for payment on a unit price basis. For certain types of work, this makes a great deal of sense. Precise quantities of repetitive work items are unknown and the contractor will be paid only for the work actually performed. But unit price bid schedules can lead to disputes. Discrepancies between the pay items and the work description are a fertile source of claims. Bidders may attempt to unbalance bids to their advantage. Owners may respond by deleting overpriced line items of work.
Investing in the energy efficiency of buildings represents a powerful and strategic energy and climate solution that combined with other non-transportation initiatives could reduce the nation's energy consumption by 23 percent by 2020, save the U.S. economy $1.2 trillion, and reduce greenhouse gas emissions by 1.1 gigatons annually, said a study released by the management consulting firm McKinsey & Company.
A team of architecture professors at Texas A&M are aiming to improve buildings’ design and energy efficiency by providing standards for data exchange among disparate building design software systems through research from a national engineering society’s 15-month, $175,000 grant.