Is it fair for subcontractors to bear the risk of owner nonpayment for their work? Many prime contractors would argue that it is. The subcontractor is being asked to share the risk. If the project owner hasn’t paid the prime for the sub’s work, why should the prime be required to pay the sub, in effect financing the owner’s project?
Steve Rizer, Editor
Green Building Insider
The World Green Building Council (WGBC) and the International Union of Architects (UIA) have signed a memorandum of understanding (MOU) that is designed to "take a step toward strengthening their working relationship" in promoting green buildings. WGBC is a business-led group of national councils whose mission is to accelerate the transformation of the global property industry toward sustainability. IUA is a non-governmental organization representing more than 1.4 million architects in 124 countries.
Tekla has launched its annual main version of Tekla Structures BIM (building information modeling) software, one of several developments that the company recently reported.
The new Tekla Structures 16 introduces several workflow benefits, such as an improved solution for cast-in-place concrete and better IFC data exchange, the company stated. Tekla Structures BIM software is developed according to a long-term plan of improved user experience, process, and functionality. "This provides the whole building design and construction project team a unique model-based way of collaboration, including possibilities for increased business, productivity, and sustainability."