aic code of ethics

element 1

–A Constructor shall have full regard to the public interest in fulfilling responsibilities to the employer or client.

element 2

– A Constructor shall not engage in any deceptive practice or any practice that creates an unfair advantage for the Constructor or another.

element 3

No Malicious or Reckless Harm – A Constructor shall not maliciously or recklessly injure, or attempt to injure, the professional reputation of others.

Fair and Unbiased Advice – When providing services that include advice, such advice shall be fair and unbiased.

element 4

Confidentiality – A Constructor shall not divulge confidential information acquired during professional activities.

element 5

Professional Practice – A Constructor shall carry out responsibilities in accordance with current professional practice, as far as possible.

element 6

Continuing Education – A Constructor shall keep informed of new developments in construction relevant to their responsibilities and support research and education in the profession.

element 7

bid peddling

when a subcontractor that wasn’t lowest bidder proceeds to bid lower to be the lowest

bid rigging

conspire with other contractors to bid higher so the lowest bidding contractor will bid more

bid shopping

when contractor recieves 1st round of bid and uses the information to strongarm other subs to do it for lower

reverse auction

owner reveals highest offer and subs bid for work

front loading

creates a schedule and adds value in an earlier phase of construction to generate positive cash flow

over-blling

reports more completion than actual, thus allowing more money upfront for positive cash flow

what does CIECI stand for

Construction Industry Ethics and Compliance Initiative