For many years, the recovery of unabsorbed home office overhead was a growth area in the construction claims world. The rationale is that when a project owner suspends work, expressly or constructively, the contractor is unable to bill against the contract at the anticipated rate. This in turn prevents the contract from absorbing its share of fixed home office expenses in the manner reasonably anticipated based on the price, performance period and progress payment provisions of the contract. The so-called “Eichleay formula” has become the accepted method of calculating these damages.
Four groups recently took steps to improve building energy performance. The groups include the U.S. Department of Energy (DOE); National Governors Association (NGA); European Union (EU); and the American Society of Heating, Refrigerating and Air-Conditioning Engineers (ASHRAE).
Among the actions, DOE earlier this month announced the investment of $28.5 million to 12 states and territories to support energy-efficiency projects that are designed to lower energy bills for American businesses and families.
Portsmouth, R.I.-based CDV Systems Inc., an implementation and training industry company for Autodesk Revit and U.S. distributors of CodeBook, recently announced CodeBook V9 for FM. CodeBook for FM facilitates parameter creation and bidirectional data flow and integration with Revit Architecture and Revit MEP models to IBM Maximo for FM data as well as room coordinate points to ESRI for GIS location tracking data.