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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For example, Section 1.
Preparing Job A10 for Hurricanes: Anyone attempting to use the form documents should carefully examine and compare the version with the form. The Revisions to the A form provide certain noteworthy clarifications regarding Claims. If the Contractor fails to do so, it waives any adjustment to the Contract Sum or extension of Contract Time.
Similarly, many of the revisions to the A contract form reflect the intent to provide a clearer, better structured agreement. Some of the more interesting revisions to the A form are addressed below. There are several notable revisions to the A form regarding contract administration.
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. 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. Please contact customerservices lexology.
My saved default Read later Folders shared with you. One new provision Section 8.
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.
The contractor is required to notify the owner and architect about any inconsistencies.
Highlights of the Revisions to the AIA-A, A, and A – Lexology
Another example is Section 1. Further, the Revisions delineate between a Claim discovered before the period for correction of work expires Section 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.
In the versions, the A and A forms simply stated that the Contractor would purchase and maintain aai and provide bonds as set forth in Article 11 of the A form. This change allows for greater flexibility and easier customization of the insurance requirements. Follow Please login to follow content. Further, the Initial Decision Maker is a10 express absolution from liability for decisions made in good faith.
Overview of the Revisions to AIA Owner-Contractor Construction Documents
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 is Section 4.
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As indicated above, AIA made other minor revisions to the Standard Form Agreements, and the list above is not comprehensive of all revisions. As aaia the case with the AIA-A, the most significant change to the Standard Form Agreements is the creation of the insurance and bonds exhibit. For example, Section 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.
Here are some of the more notable revisions to each of the above-mentioned contract forms. 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.
Some of the substantive changes to the Standard Form Agreements are highlighted below: While new, this provision is consistent with Section 9. AIA-A standard form agreement between owner and contractor where the basis of payment is a stipulated aoa ; 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 aaia and contractor where the basis of payment is cost of the work plus a fee without a guaranteed maximum price.
There are a few noteworthy revisions to “Article 9 Payments and Completion. The AIA-A and AIA-A are occasionally executed before the contract documents are finalized a02 the guaranteed maximum price or control estimate may contain certain assumptions.
Some of the substantive changes to the Standard Form Agreements are highlighted below:. 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. In “Article 12 Payments,” the section ais Final Payments now gives the Owner ten days after completion of an audit to provide a written report of same to the Architect.
See generally, Article The A and forms then provided spacing whereby the types of insurance or bond and limits zia be included.
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Overview of the Revisions to AIA Owner-Contractor Construction Documents: King & Jurgens, L.L.C.
The Revisions make clear that the Contractor is not required to commence the Work until receipt of a satisfactory response. 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.
As discussed in a May blog articlethe American Association of Architects AIA revise their form aiw between owner and contractor approximately every 10 years, and these form documents were recently revised by the AIA a couple of months ago. Login Register Follow on Twitter Search. The Standard Form Agreements also include a much more thorough procedure for withholding retainage. Under the version, a012 of the aix and bonds information has been removed from the AIA-A and placed into an exhibit that is attached to aix Standard Form Agreements.
Well, He Wrote Me a Letter: In the latter instance, the claimant provides notice to the other a120 rather than involve the Initial Decision Maker. 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.
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 termination, including costs attributable to termination of subcontracts.
In the versions, a012 the A and A forms primarily referred to Article 14 of the A form for the provisions relating to contract termination.