Management

2018 October

ConsensusDocs Coalition Publishes a New Lean Addendum

The ConsensusDocs Coalition is publishing the industry’s first Lean Addendum standard contract document. The ConsensusDocs 305 utilizes lean tools and processes without an Integrated Project Delivery agreement. The Lean Addendum provides a contractual...

2018 October

SBA Announces Decrease in Surety Bond Guarantee Fees

The U.S. Small Business Administration announces the first fee decrease in Surety Bond Guarantees in 12 years. The fee decrease will be in effect for guaranteed bonds approved during fiscal year 2019, taking effect October...

2017 November

ConsensusDocs Publishes New O&M Agreement

ConsensusDocs has released a new industry standard agreement for operations and maintenance. The ConsensusDocs 910 Standard Operations and Maintenance (O&M) Agreement is the first agreement that ConsensusDocs has published that focuses on construction work services...

2017 July

DOL Withdraws Informal Guidance on Key Issues

On June 7, Secretary of Labor Alexander Acosta announced the withdrawal of the U.S. Department of Labor’s 2015 and 2016 joint employment and independent contractor informal guidance. According to a DOL press release, “removal of...