VOLUME Construction Advisor Today   ISSUE 120   AUGUST 11, 2011


When a project owner and a contractor agree to the terms of a contract modification, the document typically contains “accord and satisfaction” and “waiver and release” language. The contractor acknowledges that this is a complete settlement of the entire matter and waives the right to any subsequent claim arising out of the change. But what happens if the project owner keeps issuing more and more change orders? 


Local and state governments adopting policies to require large commercial building owners to both measure and disclose their properties’ energy use should take some proactive steps to maximize compliance, according to a report that the Institute for Market Transformation (IMT) recently released.


Five organizations intend to create an Alberta Centre of Excellence in Building Information Modeling (ACE-BIM) -- an endeavor that is expected to benefit the facilities industry beyond the Canadian province.





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