AIA Contracts: The Owner-General Contractor Agreement

For more than a century, The American Institute of Architects has published an integrated set of contract forms for the construction industry. While other industry groups independently have prepared their own competing set of forms and, more recently, some have banded together to create more of a consensus-based set of forms, the AIA forms remain the most widely used and accepted in the industry. Some owners and developers use the AIA forms without any changes and many others have developed their own standard set of revisions to the forms. However they are used, an understanding of the AIA forms and how they allocate risk is essential for anyone negotiating, drafting, interpreting, arbitrating or litigating construction contracts based on the AIA format. This OnDemand Webinar is designed to survey two principal AIA forms, highlighting recent changes to them and enable you to be more knowledgeable and better equipped when dealing with the AIA forms.

Learning Objectives:
•You will be able to discuss key provisions and revisions to the A101-2007 and A201-2007 AIA documents.
•You will be able to define the AIA A101-2007 and A201-2007 documents.
•You will be able to explain AIA forms and how they allocate risk.
•You will be able to review general contracting tips.

Authors

Agenda

Overview

• Construction Industry Contract Forms
• AIA Approach and Format

- A101-2007 - Standard Form of Agreement Between Owner and Contractor

- A201-2007 - General Conditions of the Contract for Construction

2007 Key Revisions to A201-1997 Form

• Electronic Document Transmission
• Owner
• Contractor
• Architect
• Subcontractors
• Payments and Completion
• Protection of People and Property
• Insurance and Bonds
• Miscellaneous Provisions
• Claims and Disputes
• Dispute Resolution

Other Key Provisions of A201-2007

• Contract Construction
• Document Ownership
• Indemnity
• Interim Change Directives
• Liquidated Damages
• Substantial Completion
• Retainage
• Final Completion
• Final Payment
• Termination by Contractor
• Termination for Cause
• Termination for Convenience

General Contracting Tips

• Contract Documents
• Risk Allocation
• Project Culture, Trust, and Cooperation

Additional Formats