Chair’s Letter: Might Building Performance Become Contractual?
Blog Author: Richard Saxon, CBE At present, building contracts are designed to manage the completion of a capital project on budget, on time and without defects, dealing with failures should they arise. The new situation, driven by concern for climate change and for occupant safety, is that buildings must also perform as promised, over time. The reality today is that buildings are designed only to meet capital budgets, with little concern shown for the lifecycle costs which usually exceed capital costs. They are also designed…