AIA A102 PDF
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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Highlights of the Revisions to the AIA-A, A, and A – Lexology
For example, Section 1. Register now for your free, tailored, daily legal newsfeed service. This change allows for greater flexibility and easier customization of the insurance requirements. Aaia 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.
While new, this provision is consistent with Section 9. There are several notable revisions to the A form regarding contract administration. 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.
One new provision Section 8. USA July 20 There are a few noteworthy revisions to “Article 9 Payments and Completion.
The same changes to “Payments” and “Enumeration of Aiia Documents” referenced above are reflected in this form, but found in Articles 12 and 16, respectively. The Standard Form Agreements also include a much more thorough procedure for withholding retainage.
Further, the Initial Decision Maker is provided express absolution from liability for decisions made in good faith.
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. This termination fee is in addition to payments that the owner must make to the contractor for i work properly performed and ii costs incurred by reason of the aaia, including costs attributable to termination of subcontracts.
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.
This article focuses on comparing the changes from the version to the version of the following documents: Aix example is Section 1. As is the case with the AIA-A, the most significant change to the Standard Form Agreements is the creation of x102 insurance and bonds exhibit. 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 x102 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.
The Evolution of U. There are a few substantive revisions to the A form worth mentioning. The AIA-A and AIA-A ais occasionally executed before the contract documents are iaa and the guaranteed maximum price or control estimate may contain certain assumptions. 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.
In other cases, revisions to the documents simply provide a cleaner, better organized version. If you would like to learn how Lexology can drive your content marketing strategy forward, please email enquiries lexology. 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. 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.
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 A and forms then provided spacing whereby the types of insurance or bond and limits could be included. 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 includes job cost reports and Subcontractor invoices, thereby providing the Owner with further access to information. The contractor is required to notify the owner and architect about any inconsistencies. Another example regards minor changes to the work Section 7. Preparing Job Sites for Hurricanes: Well, He Wrote Me a Letter: My saved default Read later Folders shared with you.
Another example is “Article 5 Payments,” which streamlines and therefore clarifies the payment provisions in that form. In the latter instance, the claimant provides notice to the other party rather than involve the Initial Decision Maker. Some of the more interesting revisions to the A form are addressed below. The Standard Form Agreements include a new method for calculating the amount that an owner must pay to a contractor for termination for convenience.
See generally, Article The Revisions make clear that the Contractor is not required to commence the Work until receipt of a satisfactory response. Similarly, many of the revisions to the A contract form reflect the intent to provide a clearer, better structured agreement. Some of the substantive changes to the Standard Form Agreements are highlighted below:. Another example is Section 4. AIA-A now includes a section regarding procurement of long-lead items.
Overview of the Revisions to AIA Owner-Contractor Construction Documents
Further, the Revisions delineate between a Claim discovered before the period for correction of work expires Section If the Contractor fails to do so, it waives any adjustment to the Contract Sum or extension of Contract Time. The contract for the long-lead items are later assigned to the contractor and the contractor must a1102 full responsibility for those contracts.
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.
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 aiz. Share Facebook Twitter Linked In.
One example of these efforts is “Article 9 Enumeration of Contract Documents,” which more clearly defines what documents can comprise the totality of contract documents between the parties. 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.