Unit 3: BIM Contract Negotiation and Risk Allocation

Examine BIM and contract terminology to determine best practices for integrating BIM use into project contracts, as well as hot-button issues such as standard of care, intellectual property rights, and insurance and surety bonding coverage to help participants become BIM champions within their organizations.

Following successful completion of Unit 3, participants will have the ability to:

• Explain contract liability and standards of care related to BIM
• Negotiate BIM Addendum terms for BIM Execution Plan development
• Use BIM contract negotiation to establish proactive collaborative BIM
• Identify intellectual property rights and licensing issues related to Model use
• Recognize BIM coverage limitations in existing insurance and bond products
• Devise fair risk allocation and management responsibility provisions on BIM projects

Presenter: Michael Furlong