Default termination is a serious sanction for construction contractors. Everyone has heard the tales of lost bonding capacity, inability to borrow operating capital, and disqualification from bidding. But default termination is also a serious – and frequently deleterious – step for a project owner.
The removal of a contractor from a project, which is almost guaranteed to prompt a dispute, is only the first step. The owner must then reprocure the remaining work on the project. The owner may or may not be working with the performance surety of the defaulted contractor. Delay is inevitable. Increased cost of completion is not unusual.
The U.S. Green Building Council (USGBC) has made the LEED (Leadership in Energy and Environmental Design) Volume Program for Operations & Maintenance available for existing green building projects.
The program is designed to streamline the certification process for high-volume property owners and managers of existing buildings and new construction projects. Using a prototype-based approach, the program enables large-scale builders, owners, and managers to achieve consistency in green building improvements, allowing them to earn LEED certification faster and at a lower cost than would be possible with individual building reviews, according to USGBC.
The Construction Industry Council (CIC) in the United Kingdom has established a Building Information Modelling (BIM) Forum to implement a strategy paper that the U.K.'s Department for Business, Innovation and Skills published June 22. Chaired by Rob Manning of AECOM , the group will work with other industry bodies to pursue a primary recommendation offered in the “Innovation and Growth Report on Low Carbon Construction.”
A subgroup of the BIM Forum also has been created to consider issues of liability in relation to BIM. This subgroup, headed by David King of HOK, has met twice. The first meeting of the BIM Forum is scheduled for July 7.