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ConsensusDocs released the new ConsensusDocs 498 Design-Build Teaming Agreement today, which provides a standard contract for parties desiring to form a team for the purpose of submitting a bid on a design-build project. Critical issues such as confidentiality, withdrawal from the team, and document ownership are included.
In early February 2022, President Biden signed an executive order requiring project labor agreements (PLAs) on all federal projects over $35 million. What is a project labor agreement? A project labor agreement, or PLA, is a prehire collective bargaining agreement that sets the wages and benefits for all workers on a project.
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