The Design-Build Institute of America (DBIA) has released what it claims to be the first and only full set of warranty bonds, proposal bonds, and payment and performance bonds that are specifically crafted for design-build projects.
A task force within the Washington-based DBIA, chaired by G. William Quatman, the general counsel for Burns and McDonnell, worked over the past year on forms that are tailored to this sector. The coauthors of the forms include designers and builders. The National Association of Surety Bond Producers and the Surety & Fidelity Association of America have endorsed the documents.
The new family of bond forms includes a Proposal Bond (610), a Warranty Bond (615), and three sets of Payment and Performance Bonds for Design-Builders (620 and 625), Contractors (640 and 645), and Subcontractors (630 and 635).
“Mirroring the design-build philosophy, DBIA’s family of contract documents is reflective of our diverse membership base representing the needs of both public and private owners, general and specialty contractors, architects, consultants, and engineers,” says Lisa Washington, the Institute’s Executive Director and CEO. “They are written to guide success for the entire project team – owners and practitioners alike.”
A spokesperson for the Institute, Geoff Corey, tells BD+C that his organization focuses primarily on nonresidential activities. “So these forms would be of real interest to [AEC] firms doing design-build commercial or government projects.”
He also points out that many AEC firms that don’t specialize in design-build enter these projects through joint ventures and LLCs, or are hired subcontractors. “They would probably be interested in using these model forms since they’ve been created for design-build projects,” says Corey.
DBIA states that the advantage of these documents is that they offer one solicitation, one award, and one contract to administer. The documents are also adaptable to a project team’s characteristics.
The bond forms, as well as other contract and consent forms are available on DBIA’s website.
Related Stories
Sports and Recreational Facilities | Apr 25, 2022
Iowa's Field of Dreams to get boutique hotel, new baseball fields
A decade ago, Go the Distance Baseball formed to preserve the Iowa farm site where the 1989 movie Field of Dreams was filmed.
Building Team | Apr 22, 2022
EarthCam Adds Senior Leadership Roles to Facilitate Rapid Growth
EarthCam today announced several new leadership positions as it scales up to accommodate increasing demand for its webcam technology and services.
Architects | Apr 22, 2022
Top 10 green building projects for 2022
The American Institute of Architects' Committee on the Environment (COTE) has announced its COTE Top Ten Awards for significant achievements in advancing climate action.
Mixed-Use | Apr 22, 2022
San Francisco replaces a waterfront parking lot with a new neighborhood
A parking lot on San Francisco’s waterfront is transforming into Mission Rock—a new neighborhood featuring rental units, offices, parks, open spaces, retail, and parking.
Legislation | Apr 21, 2022
NIMBYism in the Sunbelt stymies new apartment development
Population growth in Sunbelt metro areas is driving demand for new apartment development, but resistance is growing against these projects.
Building Team | Apr 20, 2022
White House works with state, local governments to bolster building performance standards
The former head of the U.S. Green Building Council says the Biden Administration’s formation of the National Building Performance Standards Coalition is a “tremendous” step in the right direction to raise building performance standards in the U.S.
Market Data | Apr 20, 2022
Pace of demand for design services rapidly accelerates
Demand for design services in March expanded sharply from February according to a new report today from The American Institute of Architects (AIA).
Multifamily Housing | Apr 20, 2022
A Frankfurt tower gives residents greenery-framed views
In Frankfurt, Germany, the 27-floor EDEN tower boasts an exterior “living wall system”: 186,000 plants that cover about 20 percent of the building’s facade.
Healthcare Facilities | Apr 19, 2022
6 trends to watch in healthcare design
As the healthcare landscape continues to evolve, IMEG’s healthcare leaders from across the country are seeing several emerging trends that are poised to have wide-ranging impacts on facility design and construction. Following are six of the trends and strategies they expect to become more commonplace in 2022 and the years to come.
Energy-Efficient Design | Apr 19, 2022
A prefab second skin can make old apartments net zero
A German startup is offering a new way for old buildings to potentially reach net-zero status: adding a prefabricated second skin.
