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. Â
“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. Â
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:Â
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
Coronavirus | Mar 20, 2020
Pandemic has halted or delayed projects for 28% of contractors
Coronavirus-caused slowdown contrasts with January figures showing a majority of metro areas added construction jobs; Officials note New infrastructure funding and paid family leave fixes are needed.
Market Data | Mar 17, 2020
Construction spending to grow modestly in 2020, predicts JLL’s annual outlook
But the coronavirus has made economic forecasting perilous.
Market Data | Mar 16, 2020
Grumman/Butkus Associates publishes 2019 edition of Hospital Benchmarking Survey
Report examines electricity, fossil fuel, water/sewer, and carbon footprint.
Market Data | Mar 12, 2020
New study from FMI and Autodesk finds construction organizations with the highest levels of trust perform twice as well on crucial business metrics
Higher levels of trust within organizations and across project teams correlate with increased profit margins, employee retention and repeat business that can all add up to millions of dollars of profitability annually.
Market Data | Mar 11, 2020
The global hotel construction pipeline hits record high at 2019 year-end
Projects currently under construction stand at a record 991 projects with 224,354 rooms.
Market Data | Mar 6, 2020
Construction employment increases by 43,000 in February and 223,000 over 12 months
Average hourly earnings in construction top private sector average by 9.9% as construction firms continue to boost pay and benefits in effort to attract and retain qualified hourly craft workers.
Market Data | Mar 4, 2020
Nonresidential construction spending attains all-time high in January
Private nonresidential spending rose 0.8% on a monthly basis and is up 0.5% compared to the same time last year.
Market Data | Feb 21, 2020
Construction contractor confidence remains steady
70% of contractors expect their sales to increase over the first half of 2020.
Market Data | Feb 20, 2020
U.S. multifamily market gains despite seasonal lull
The economy’s steady growth buoys prospects for continued strong performance.
Market Data | Feb 19, 2020
Architecture billings continue growth into 2020
Demand for design services increases across all building sectors.
