The 2004 Construction Users Roundtable (CURT) report, Collaboration, Integrated Information, and the Project Life Cycle in Building Design, Construction and Operation (WP-1202), makes clear that there is a compelling need to improve project delivery. Building owners, particularly those represented within CURT, regularly experience project schedule and cost overruns. The National Institute of Standards and Technology (NIST) study Cost Analysis of Inadequate Interoperability in the U.S. Capital Facilities Industry (NIST GCR 04-867) makes clear that all stakeholders in the capital facilities industry designers, contractors, product suppliers and owners are wasting a huge amount of money looking for, validating and/or recreating facility information that should be readily available. For example, the study estimated that operations and maintenance personnel spent US $4.8 billion during 2002, verifying that documentation accurately represented existing conditions, and another US $613 million transferring that information into a useful format.
and Palmer, M.
General Buildings Information Handover Guide, NIST Interagency/Internal Report (NISTIR), National Institute of Standards and Technology, Gaithersburg, MD, [online], https://doi.org/10.6028/NIST.IR.7417, https://tsapps.nist.gov/publication/get_pdf.cfm?pub_id=861038
(Accessed June 10, 2023)