A™–, Exhibit A,. Insurance and Bonds, contemporaneously with this. Agreement. AIA Document A™–,. General Conditions of the. Contract for . AIA. ®. Document ATM. – Standard Form of Agreement Between Owner and Contractor where the basis of payment is the Cost of the Work Plus a. AIA Document A– adopts by reference and is intended for use with AIA Document A™–, General Conditions of the Contract for Construction.
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Here are some of the more notable revisions to each of the above-mentioned contract forms. Another example is Section 1. For example, Section Login Register Follow on Twitter Search. The Revisions to the A form provide certain noteworthy clarifications regarding Claims. The Revisions make clear that the Contractor is not required to commence the Work until receipt of a satisfactory response.
In the latter instance, the claimant provides notice to the other party rather than involve the Initial Decision Maker. AIA-A standard form agreement between owner and contractor where the basis of payment is a stipulated sum ; AIA-A standard form agreement between owner and contractor where the basis of payment is the cost of the work plus a fee with a guaranteed maximum price ; and AIA-A standard form agreement between owner and contractor where the basis of payment is cost of the work plus a fee without a guaranteed maximum price.
Some of the substantive changes to the Standard Form Agreements are highlighted below: One new provision Section 8. The revisions also make clear that the Contractor may stop the Work following commencement under certain scenarios which indicate that the Owner cannot fulfill its payment obligations. Another example regards minor changes to the work Section 7. Further, the Revisions delineate between a Claim discovered before the period for correction of work expires Section The contract for the long-lead items are later assigned to the contractor and the contractor must accept full responsibility for those contracts.
In the versions, the A and A forms simply stated that the Contractor would purchase and maintain insurance and provide bonds as set forth in Article 11 of the A form. Another example is Section 4. As indicated above, AIA made other minor revisions to the Standard Form Agreements, and the list above is not comprehensive of all revisions.
In “Article 11 Accounting Records,” the list of records that the Contractor must make available to the Owner now a120 job cost reports and Subcontractor invoices, thereby providing the Owner with further access to information. The Standard Form Agreements also include a much more thorough procedure for withholding retainage.
Similarly, many of the revisions to the A contract form reflect the intent to provide a clearer, better structured agreement.
This change allows for greater flexibility and easier customization of a120 insurance requirements.
Overview of the Revisions to AIA Owner-Contractor Construction Documents: King & Jurgens, L.L.C.
The Standard Form Agreements include a new method for calculating the amount that an owner must pay to a contractor for termination for convenience. Preparing Job Sites for Hurricanes: There are a few substantive revisions to the A form worth mentioning. For example, Section 1. Well, He Wrote Me a Letter: There are several notable revisions to the A form regarding contract administration.
AIA-A now includes a section regarding procurement of long-lead items. The progress payment calculation has been simplified across the Standard Form Agreements and now includes, among other minor adjustments, a provision adding change directive amounts to the progress payment calculation and a provision subtracting amounts that the contractor does not intend to pay to subcontractors. In the Revisions, if the Contractor believes that such minor changes will affect the Contract Sum or Contract Time, the Contractor must notify the Architect and not proceed with the changed work.
There are a few noteworthy revisions to “Article 9 Payments and Completion.
Highlights of the Revisions to the AIA-A, A, and A – Lexology
As discussed in a May blog articlethe American Association of Architects AIA revise their form agreements between owner and contractor approximately every 10 years, and these form documents were recently revised by the AIA a couple of months ago. In the versions, both the A and A forms primarily referred to Article 14 of the A form for the provisions relating to contract termination. In “Article 12 Payments,” the section on Final Payments now gives the Owner ten days after completion of an audit to provide a written report of same to the Architect.
While the wording and organization of a number of provisions is different, in large measure the revisions are simply for purposes of a providing a clearer, better structured document, cleaning up some ambiguities from the version. The AIA-A and AIA-A also include a new section forbidding the contractor from making advance payments to suppliers for materials that have not been delivered to the project site without the prior approval of the owner.
The A and forms then provided spacing whereby the types of insurance or bond and limits could be included.
Overview of the Revisions to AIA Owner-Contractor Construction Documents
This article focuses on comparing the changes from the version to the version of the following documents: If you would like to learn how Lexology can drive your content marketing strategy forward, please email enquiries lexology. Further, the Initial Decision Maker is provided express absolution from liability for decisions made in good iaa.
While new, this provision is consistent with Section 9. Register now for your free, tailored, daily legal newsfeed service. Follow Please login to follow content.
The A Revisions maintain many of the general provisions relating to insurance and bonds, but delete the provisions relating to the specific types of insurance required. My saved default Read later Folders shared with you. Most of the revisions addressed herein are found in the A document, which is customarily a companion contract document to the A, A or like other agreement between Owner and Contractor.
The AIA-A and AIA-A are occasionally executed before the contract documents are finalized and the guaranteed maximum price or control estimate may contain certain assumptions. Share Facebook Twitter Linked In.
The Exhibit A form more clearly articulates the responsibilities of the parties and, by means of blanks and boxes to be checked, allows the parties to clearly identify the agreed-upon types of insurance and limits.
Anyone attempting to use the form documents should carefully examine and compare the version with the form. Another example is “Article 5 Payments,” which streamlines and therefore clarifies the payment provisions in that form. The same changes to “Payments” and “Enumeration of Contract Documents” referenced above are reflected in this form, but found in Articles 12 and 16, respectively.
Article 11 of the A form laid out in detail the specific types of insurance to be furnished by the Contractor and the Owner, and also addressed related issues like subrogation.
As is the case with the AIA-A, the most significant change to the Standard Form Agreements is the creation of the insurance and bonds exhibit.