Fred Jacoby will be presenting a webinar for Strafford Publications that will address the 2017 modifications to the AIA Construction Contracts Documents. AIA contract documents are the industry standard for managing contractual relationships in construction and design projects. The AIA last released significant revisions to its contract documents in April 2017.
Revisions to the Owner-Contractor Documents included changes to termination provisions and changes to financing and payment provisions. Revisions to the Owner-Architect Agreements include intellectual property rights, termination provisions, administration/compensation, and the sustainability focus in the E204 Exhibit.
The 2017 revisions also included changes to the Insurance and Bonds Exhibit to be used with the A101-2017, A102-2017, and A103-2017, and with the revised Insurance and Bonds Provision of A201-2017. These revisions acknowledge the complex nature of construction project insurance and focus on insurance and risk mitigation in contract negotiations.
Listen as our authoritative panel of construction attorneys walks you through the most significant 2017 modifications of the AIA Contract Documents. The panel will also focus on the creation of the new Insurance and Bonds Exhibit intended to ensure that insurance and risk mitigation become an integral part of the contract negotiation process.