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LEED "Pledge" to Replace LEED Bond

Posted by Michael Stevens
Michael Stevens
Mr. Stevens possesses over 20 years of proven corporate marketing, sponsorship and sales promotion experienc...
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on Tuesday, 29 November 2011
in Green Building ·

November 3, 2011

The Washington Business Journal reported on October 31 that legislation will be introduced in Washington D.C. that will create an alternative to the much maligned LEED bond requirement in the D.C. Green Building Act of 2006.

Under the Act, as currently written, as of January 1, 2012, all new construction greater than 50,000 square feet must obtain LEED certification. Under the proposed legislation, developers will be permitted to make a binding "pledge" that LEED certification will be attained.

©LEED
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