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Initial Decision Maker
(IDM)
A New Term – A New Concept in Contract Administration
By Arthur F. O’Leary, FAIA, MRIAI
Every ten years the American Institute of Architects reviews and reissues the whole suite of integrated standard documents for construction and architecture. This is for the dual purposes of remaining current with construction industry practices and the state of the law. Many of the documents remain unchanged, or slightly changed, while others undergo drastic changes. The reviewers represent all facets of the construction industry as well as the legal and design professions.
In the latest review, the 2007 Editions, a new concept has been introduced, accompanied by a new defined term: Initial Decision Maker. This has been included in the three main construction contract forms:
AIA Document Number A101-2007
(Old Number A101-1997)
Agreement Between Owner and
Contractor where the basis of payment
is a Stipulated Sum.
AIA Document Number A102-2007
(Old Number A111-1997)
Agreement Between Owner and
Contractor where the basis of payment
is the Cost of the Work Plus a Fee
with a Guaranteed Maximum Price.
AIA Document Number A201-2007
(Old Number A201-1997)
Arthur O'Leary Archives |
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DCD
InSights
Versatile Construction Software Integrates Systems to Maximize Efficiency, Profits
In a slowing economy, it is only logical that those involved in the commercial building industry would take a closer look at ways to maximize the efficiencies, resources and ultimately, the profitability of their operations. But less work in progress also means more time to examine the routine systems and products used to conduct daily business – and time to evaluate if better alternatives exist.
At least that’s what construction software providers are banking on as they tout a full range of proven cost-estimating, accounting, procurement, project management and reporting software solutions. These products operate on the basic premise that construction is a highly complex organization of integrated components that must succeed both separately and as a cohesive, interactive network. Effective construction management software allows less people to do more work in less time, with fewer errors, greater accountability and better cash flow. Continuous information sharing eliminates redundancies and insures that key players have access to meaningful data. In good times, this information is valuable; in tighter times, it’s essential to stay in business.
Insights
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DCD
Cost Trends
Construction Cost Trends for 2008
Housing continues to slide - it is down 20% from last year. Public works
projects are still bolstering the construction industry and have maintained a
projected growth of 10-15%. Some public segments have posted gains of up
to 30% (schools and public safety projects) and continue to offset the downturn
in housing. At publication, the total construction industry is still 1-2%
off of last year’s mark. A note: housing has gone down from 55% of the
construction market to just 40% in the last 3 years. Trends Archive |
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DCD
Cost Guides
The DCD 2008 Commercial & Industrial Building Square Foot Cost Guide
Design Cost Data™ magazine includes a Building Sq. Ft. Cost Guide in each issue. These square foot cost guides have been assembled from projects in our database, the National Historical Building Cost Database (NHBCdb™) online at DCD.COM. These guides are provided to the industry by DCD as a benchmark for future building costs.
DCD Cost Guides
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| Case Studies Case Studies Archive |
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File: Commercial
• Galaxy 14 Cine
Rochester, Minnesota
• Naugatuck Savings Bank
Naugatuck, Connecticut
• Schnebly Winery Tasting Building
Homestead, Florida
File: Educational
• Manchester College Science Center
North Manchester, Indiana
• New Chemistry Building, Western Michigan University
Kalamazoo, Michigan
• St. Agnes Academy Center for the Sciences and Student Services
Houston, Texas
File: Medical
• Centerpoint Medical Office Building
Independence, Missouri
File: Office
• White Street Professional Building
Marietta, Georgia
File: Religious
• Chapin Presbyterian Church
Chapin, South Carolina
File: Residential
• Monserrate Street House
Coral Gables, Florida
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