Construction Associations Move Toward Collaborative Contracts

A group of construction associations continue to actively discuss the development and promotion of standard construction contracts.

A group of construction associations - representing owners, design and construction professionals, and insurance and surety companies - continue to actively discuss the development and promotion of standard construction contracts. The associations are uniting around the idea that the industry is better served by contracts with widespread buy-in that will save needless transactional time and money by eliminating the need to repetitively negotiate one-sided terms.

Participating associations include:

• Associated General Contractors of America;

• Associated Specialty Contractors;

• American Subcontractors Association;

• Construction Industry Round Table;

• Construction Owners Association of America;

• Construction Users Round Table;

• Design-Build Institute of America;

• National Association of State Facilities Administrators;

• National Association of Surety Bond Producers; and

• Surety & Fidelity Association of America.