flexiblefullpage
billboard
interstitial1
catfish1
Currently Reading

AIA releases updated contracts for multi-family residential and prototype residential projects

Market Data

AIA releases updated contracts for multi-family residential and prototype residential projects

New resources provide insights into mitigating and managing risk on complex residential design and construction projects.


By AIA | October 20, 2020
Building facade and balconies

Courtesy Pixabay

The American Institute of Architects (AIA) is releasing updated contract documents today, including two key residential contracts and a complimentary Condominium Project Guide.

Revised residential contract documents address insurance requirements, post-occupancy site visits and maintenance requirements. The updated B109™-2020, Standard Form of Agreement Between Owner and Architect for a Multi-Family Residential or Mixed Use Residential Project now includes a new, optional limitation of liability.  While incorporating the aspects of the new B109, the free Condominium Projects Guide includes model language pertaining to the homeowners association, the individual unit owners, by-laws, and purchase agreements.  

“Although the B109 is designed for multi-family residential projects, it specifically includes a representation by the owner that the project will not include a residential condominium,” said AIA Contract Documents Manager and Counsel James R. Germano, Esq. “Parties wishing to convert the B109 for use on a residential condominium project will find the Condominium Projects Guide helpful.”

For residential development, the updated B107™-2020, Standard Form of Agreement Between Developer-Builder and Architect for Prototype(s) for a One or Two Single Family Residential Project with Limited Architectural Services incorporates updated language from the B101, Owner/Architect Agreement. The B107 is specifically designed to allow a developer-builder to hire an architect to design prototype houses, the design of which can be repeatedly used by the developer-builder. The architect is expected to develop the design of each prototype to a level minimally required to achieve a building permit. Meanwhile, the developer-builder is expected to be an entity who is knowledgeable about residential construction who can then take this “Permit Set” of drawings and complete the project.  

AIA will provide a free webinar to learn more about the key residential documents’ updates from 1-2 p.m. EST, on Monday, Nov. 2. Registration is required.

Other new and revised documents being released are: 

A305™-2020, Contractor’s Qualification Statement
The updated A305 allows contractors to express additional capabilities such as safety protocols and plans, sustainability services as well as BIM experience. A305 can also now be assembled in a modular fashion. Contractors can use it to provide general information about their company, sensitive financial and performance information, and information that pertains to a specific project.
Learn more

A313™-2020, Warranty Bond
The AIA worked closely with both the National Association of Surety Bond Producers (NASBP) and the Surety & Fidelity Association of America (SFAA) to develop the new warranty bond, which provides coverage for the contractor’s post-completion warranty obligations when a traditional performance bond may cease to provide coverage. This new bond is a useful tool to owners and contractors who wish to navigate the post-completion warranty obligation process more successfully, particularly on complex projects.
Learn more

B106™-2020, Standard Form of Agreement Between Owner and Architect for Pro Bono Services
The free pro bono agreement has been updated to include the 2017 core AIA document changes as well as clauses that help architects providing pro bono services mitigate the risk of such activities, including clauses that address indemnity and limitation of liability.
Learn more

AIA documents can be purchased with an unlimited-use annual license or as a single, customizable document. AIA contract documents are also available as single, non-editable documents and as paper versions through some AIA chapters. Visit aiacontracts.org for more information.

Related Stories

Market Data | Nov 2, 2020

More contractors report canceled projects than starts, survey finds

Construction employment declined in most metros in latest 12 months.

Multifamily Housing | Oct 30, 2020

The Weekly show: Multifamily security tips, the state of construction industry research, and AGC's market update

BD+C editors speak with experts from AGC, Charles Pankow Foundation, and Silva Consultants on the October 29 episode of "The Weekly." The episode is available for viewing on demand.

Hotel Facilities | Oct 27, 2020

Hotel construction pipeline dips 7% in Q3 2020

Hospitality developers continue to closely monitor the impact the coronavirus will have on travel demand, according to Lodging Econometrics.

Market Data | Oct 22, 2020

Multifamily’s long-term outlook rebounds to pre-covid levels in Q3

Slump was a short one for multifamily market as 3rd quarter proposal activity soars.

Market Data | Oct 21, 2020

Architectural billings slowdown moderated in September

AIA’s ABI score for September was 47.0 compared to 40.0 in August.

Market Data | Oct 21, 2020

Only eight states top February peak construction employment despite gains in 32 states last month

California and Vermont post worst losses since February as Virginia and South Dakota add the most.

Market Data | Oct 19, 2020

5 must reads for the AEC industry today: October 19, 2020

Lower cost metros outperform pricey gateway markets and E-commerce fuels industrial's unstoppable engine.

Market Data | Oct 19, 2020

Lower-cost metros continue to outperform pricey gateway markets, Yardi Matrix reports

But year-over-year multifamily trendline remained negative at -0.3%, unchanged from July.

Market Data | Oct 16, 2020

5 must reads for the AEC industry today: October 16, 2020

Princeton's new museum and Miami's yacht-inspired luxury condos.

boombox1
boombox2
native1

More In Category




halfpage1

Most Popular Content

  1. 2021 Giants 400 Report
  2. Top 150 Architecture Firms for 2019
  3. 13 projects that represent the future of affordable housing
  4. Sagrada Familia completion date pushed back due to coronavirus
  5. Top 160 Architecture Firms 2021