Recognition of Digital Data and BIM a Must

The construction industry continues to wait for the release of AS11000 General Conditions of Contract which will replace the two current suites of Contracts AS 2124:1992 and AS 4000:1997.

Public comment on the draft AS11000 released in 2015 was overwhelming, and as a result, a new draft will be open to public comment in the coming months that will hopefully reconcile the proposed changes received.

The draft AS11000 has been designed to significantly improve contract administration and allow for an early warning procedure to better identify and balance the risk allocation. The intention is also to reduce the cost of management and administration of contracts. Continue reading here