New Standard Contracts for Integrated Project Delivery: An Analysis of Structure, Risk, and Insurance

Integrated project delivery (IPD) is an industry-changing process that offers reduced waste and optimized efficiency throughout the design and construction phases of building. These attributes are especially important to clients, but are also favorable to design professionals and contractors because they encourage a reduction in disputes and claims. Despite the benefits of integrating design with the construction process, IPD has equal challenges, many of which have lasting effects or are yet to be solved. This white paper is a valuable tool for design professionals in understanding the risks of IPD and the strengths and weaknesses of IPD standard forms.

Though a truly “green” design is difficult to achieve, it is impossible to argue against the value of sustainability in the design and operation of our built environment. Green design minimizes hazardous environmental consequences and reduces energy use.

Designing for sustainability involves considering environmentally responsible design alternatives consistent with the client’s program, schedule, and budget. This paper will explore some of the legal and insurance implications of the “green” movement, as well as developments in common rating systems.

Additional Resources on Sustainability Issues

• Legally Green: What Lawyers Need to Know About Sustainable Design - from the Proceedings of the 47th Annual Meeting of Invited Attorneys

Firms have unprecedented opportunities to increase their profitability, level of service, status in the marketplace, and support for their clients and the public good when they recognize how digital practice might change their risk profile and act to properly manage and insure their exposures.

Victor O. Schinnerer & Company, Inc. has been working to identify risks, clarify existing coverage, and develop new insurance products to assist firms in their risk management efforts. Highlights include:

• major types of risk related to technology
• exposures specifically related to design technology and functions
• risk management through insurance coverage
• how does Schinnerer respond?

Additional Resources on Technology Risks

• Implementing BIM: A Report from the Field on Issues and Strategies - from the Proceedings of the 47th Annual Meeting of Invited Attorneys
• Building Information Modeling: A Great Idea in Conflict with Traditional Concepts of Insurance, Liability, and Professional Responsibility - from the Proceedings of the 45th Annual Meeting of Invited Attorneys