Engineering Inc. - July/August 2013 - (Page 2)

From ACEC to You ENGINEERING INC. THE OFFICIAL PUBLICATION OF THE AMERICAN COUNCIL OF ENGINEERING COMPANIES ACEC Education Programs Achieve Record-Breaking Participation AMERICAN COUNCIL OF ENGINEERING COMPANIES CHAIRMAN PRESIDENT & CEO VICE PRESIDENT, OPERATIONS A CEC members are taking advantage of the Council’s business education programs in record numbers. Since July 2012, more than 7,000 members have participated in nearly 150 education sessions offered as stand-alone workshops, online seminars and sessions at annual meetings—an all-time 12-month high. Each of these sessions, moderated by respected industry practitioners, focused on essential management topics, such as strategic planning, professional ethics, risk management and market outlooks. Credentialing options were also available for maintaining various professional licenses. ACEC will continue to enhance its business education programs, which are developed “by engineers for engineers,” to help members remain ahead of the business management curve. Upcoming education opportunities include the Senior Executives Institute, Class 19, which kicks off in September, and the annual Business of Design Consulting program, Sept. 18–21 in Chicago. More information on both programs is available at www.acec.org/education. This issue of Engineering Inc. highlights the Council’s ongoing nationwide battle to remove costly Duty to Defend provisions from design contracts (see page 14) and reports on growing global opportunities for U.S. engineers (see page 8), along with an assessment of the professional liability insurance marketplace (see page 23). An exciting lineup is taking shape for the upcoming 2013 Fall Conference, Oct. 27–30, in Scottsdale, Ariz., featuring former Indiana Gov. Mitch Daniels, current FHWA Administrator Victor Mendez and other top speakers (see page 38). We look forward to seeing you. Gregs G. Thomopulos ACEC Chairman David A. Raymond ACEC President & CEO Gregs G. Thomopulos David A. Raymond Mary Ann Emely VICE PRESIDENT, GOVERNMENT AFFAIRS Steven Hall VICE PRESIDENT, BUSINESS RESOURCES AND EDUCATION Marie Ternieden DIRECTOR, COMMUNICATIONS and MEDIA Alan D. Crockett STAFF EDITOR Andrea Keeney akeeney@acec.org 202-682-4347 SENIOR COMMUNICATIONS WRITER Gerry Donohue ACEC PUBLIC RELATIONS AND EDITORIAL ADVISORY COMMITTEE CHAIRMAN Jackie Fox McMURRY/TMG, LLC Corey Murray Jeff Kibler PROJECT MANAGER Katie Mason MANAGING EDITOR ART DIRECTOR ADVERTISING SALES Leo Hoch ACEC 1015 15th Street, NW, 8th Floor Washington, D.C. 20005-2605 202-682-4341 lhoch@acec.org Engineering Inc., Volume 24, Number 4 (ISSN 1539-2694), is published bi-monthly by the American Council of Engineering Companies (ACEC), 1015 15th Street, NW, 8th Floor, Washington, D.C. 20005-2605. Periodicals postage paid at Washington, D.C., and at additional mailing offices. Annual subscriptions are $24 for members (included in dues as a non-deductible amount); $45 for U.S. non-members; $65 for institutional subscriptions. Back issues are $15. POSTMASTER: Send address changes to Engineering Inc., c/o ACEC, 1015 15th Street, NW, 8th Floor, Washington, D.C. 20005-2605. © 2013 American Council of Engineering Companies. All rights reserved. This publication may be copied, downloaded from the ACEC website, stored in electronic or hard-copy format, and disseminated to third parties for educational and information purposes. ACEC expressly disclaims any liability for damages of any kind in connection with such copying, downloading, storage, and/or dissemination. By copying, downloading, storing and/or disseminating this publication, the recipient of this publication expressly agrees to defend, indemnify, and hold ACEC, its officers, directors, employees, volunteers and agents harmless from and against any and all losses, damages, claims, causes of action and liabilities, including reasonable attorneys’ fees and costs, arising out of or resulting from the recipient’s use of this publication. Notwithstanding the above, no part of this publication may be altered, resold, licensed, or used for any other commercial purposes without the prior written permission of ACEC. Recipients may opt out of receiving the electronic version of this publication from ACEC by sending an e-mail with the subject line “Unsubscribe” to ACEC at magazine@acec.org. Engineering Inc. subscribers: If you have a mailing address correction or need to add or remove an employee from the Engineering Inc. mailing list, please contact the ACEC Membership Department at memberservice@acec.org or call 202-347-7474 and ask for Member Records. WWW.AC EC.ORG http://www.acec.org/education http://WWW.ACEC.ORG

Table of Contents for the Digital Edition of Engineering Inc. - July/August 2013

Engineering Inc. - July/August 2013
Contents
From ACEC to You
Legislative Action
Market Watch
An Unfair Duty
Keys to Growth
2013 Professional Liability Insurance Survey of Member Firms
Healthy Solutions
Insights of Outsourcing
Risk Management
Fall Conference Preview
Business Insights
Guest Column
Members in the News
Mergers and Acquisitions

Engineering Inc. - July/August 2013

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