Use Of ConsensusDocs Grows Despite Economy

• Sophia Venetos
• January 19, 2010

Despite the tough economy, demand for ConsensusDOCS contract documents increased by almost 20 percent in 2009 compared to 2008. Private, public and not-for-profit groups have begun using ConsensusDOCS and generated positive results, triggering this substantial jump in users.

 

"Today's market conditions are forcing people to reevaluate the outdated model of drafting documents from scratch for every construction project," said Brian Perlberg, Executive Director of the ConsensusDOCS coalition. "These documents offer an easier, faster and more efficient way to go from concept to construction."

The number of subscribers for ConsensusDOCS documents increased from 3,291 at the beginning of 2009 to 3,895 at the year, yielding an increase of over 18 percent, according to Perlberg. When comparing December 2008 to December 2009, the coalition saw a 28 percent growth in sales. The increase occurred despite the fact that construction spending hit a six-year low in 2009.

"In a year of little good news for the construction industry, it is encouraging to be the exception instead of the rule," said Perlberg. "Using these documents will make it easier for owners and contractors to survive and thrive during these difficult days."

ConsensusDOCS contracts offer a wide-ranging catalog of more than 100 contract documents covering all project delivery methods. They are the first and only industry standard contract documents written and endorsed by 23 leading construction organizations.

See the complete AGC news release.