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ConsensusDocs 396 Standard Joining Agreement For Integrated Project Delivery 2016
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Solely for the information and convenience of ConsensusDocs users, and is not a part of the contract. Gray boxes indicate where you should click and type in your project information. The yellow shading is a Word default function that displays editable text. Shading can be turned off by going to the Review tab, select Restrict Editing button and uncheck Highlight the regions I can edit . In Word 2003 you will find this option under the Tools tab, Options, Security tab, Protect Docum.
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Constructor FAQ
The Integrated Form of Agreement, or IFOA, contract binds the project owner, architect and primary contractor into a three-party agreement—in a single contract. Parties share equally in the project risks and rewards via a saved cost-sharing program.
Integrated Project Delivery Similar to DB, the project team works collaboratively together and is jointly liable for all aspects of the project. Unlike DB, the project team includes the owner who shares in the risk and liability for the project as an equal part of the project delivery team.
Integrated Project Delivery (IPD) is a project delivery approach that integrates people, systems, business structures and practices into a process that collaboratively harnesses the talents and insights of all participants to optimize project results, increase value to the owner, reduce waste, and maximize efficiency ...
Integrated Project Delivery (IPD) is a delivery model for delivering construction projects using a single contract for design and construction with a shared risk/reward model, guaranteed costs, waivers of liability between team members, an operating system based on lean principles, and a collaborative culture.
Arguably the most innovative IPD feature is the "risk pool". IPD participants conceptualize and confirm whether the project can be built within the owner's budget. Assuming the owner accepts the PMT's Validation Report, the Target Value Design is undertaken.
IPD in Lean construction and design stands for Integrated Project Delivery. IPD is a construction project delivery method by which key parties involved in the design, fabrication, and construction aspects of a project are joined together under a single agreement.
Formatting Related content
PROJECT MANUAL - Iowa Bid Opportunities
Jul 13, 2018 — The Form of Agreement to be used on this project is a modified...
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