The document discusses collaboration between OGC, bSI, and ISO TC 59 to jointly develop geospatial and BIM standards. It focuses initially on infrastructure design where civil engineering uses both geospatial and BIM concepts. It proposes a joint conceptual model between bSI and OGC to develop standards that are more easily integrated and avoid information loss when moving between models. The collaboration is important for solving business problems by reducing time spent converting data between standards.