A reader recently contacted me at the Advisor regarding a problem you might share. He is president of a specialty design/build subcontracting company. He signs fixed-price subcontracts containing a schedule of values. But on three recent projects the prime contractor, and even the project owner, have insisted on seeing documentation of actual costs before making payments. One owner’s rep suggested the specialty sub was making “too much money” on the job.
These requests are obviously inconsistent with a fixed-price agreement. The prime contractor is signing a fixed-price subcontract and then trying to renegotiate the price or convert the subcontract to cost reimbursement. And the project owner has no business interfering in the contractual relationship between the prime and the sub.
The Construction Specifications Institute (CSI) and Construction Specifications Canada (CSC) have released a 2010 edition of UniFormat, a method of arranging construction information based on functional elements, or parts of a facility characterized by their functions, without regard to the materials and methods used to accomplish them.
This new edition harmonizes UniFormat with CSI's suite of standards and formats, including MasterFormat 2010 and the new PPDFormat. PPDFormat guides the development of preliminary project descriptions, and when used together with UniFormat, represents a comprehensive approach to organizing construction information during the design stage, the organizations stated.
Rosslyn, Va.-based National Electrical Manufacturers Association (NEMA), a member of the Global Lighting Forum (GLF), in October announced an initiative to coordinate and promote light-emitting-diode (LED) technology on a global level.
In order to accelerate the uptake of LED lighting, GLF held the inaugural meeting of its LED Working Group recently in Shenzhen, China.
LEDs hold great promise to revolutionize lighting because of their inherent benefits of energy efficiency, light quality, longevity, and adaptability, according to GLF Chairman Jan Denneman. "LEDs will play a dominant role in nearly every lighting application. The world will witness a revolution in lighting that will help reduce energy consumption while enabling the development of new lighting experiences."