In our last
article, we provided an overview of Building Information
Modeling ("BIM") and the new Integrated Project Delivery
Contract ("IPD Contract") needed to realize its full
potential. This article will take a closer look at the differences
between the release and waiver provisions of the traditional CCDC
Contracts and those found within the new CCDC 30 – IPD
Contract.
The first difference with the IPD Contract waiver and release
provisions is the number of parties that are bound by them. The
driving idea behind IPD Contracts is to include all major parties
to the project so that risks and rewards can be shared. At a
minimum, this means including the contractor, the client and the
advisor. However, the express intention is to include any other
main party. Such a reach has the effect of transforming the IPD
Contract into a true partnership.