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 | Apr 4, 2016

ABC: Nonresidential spending slip in February no cause for alarm

Spending in the nonresidential sector totaled $690.3 billion on a seasonally adjusted, annualized basis in February. The figure is a step back but still significantly higher than one year ago.

Market Data | Mar 30, 2016

10 trends for commercial real estate: JLL report

The report looks at global threats and opportunities, and how CRE firms are managing their expectations for growth.

Market Data | Mar 23, 2016

AIA: Modest expansion for Architecture Billings Index

Business conditions softening most in Midwest in recent months.  

Retail Centers | Mar 16, 2016

Food and technology will help tomorrow’s malls survive, says CallisonRTKL

CallisonRTKL foresees future retail centers as hubs with live/work/play components. 

Market Data | Mar 6, 2016

Real estate execs measure success by how well they manage ‘talent,’ costs, and growth

A new CBRE survey finds more companies leaning toward “smarter” workspaces. 

Market Data | Mar 1, 2016

ABC: Nonresidential spending regains momentum in January

Nonresidential construction spending expanded 2.5% on a monthly basis and 12.3% on a yearly basis, totaling $701.9 billion. Spending increased in January in 10 of 16 nonresidential construction sectors.  

Market Data | Mar 1, 2016

Leopardo releases 2016 Construction Economics Report

This year’s report shows that spending in 2015 reached the highest level since the Great Recession. Total spending on U.S. construction grew 10.5% to $1.1 trillion, the largest year-over-year gain since 2007. 

Market Data | Feb 26, 2016

JLL upbeat about construction through 2016

Its latest report cautions about ongoing cost increases related to finding skilled laborers.

Market Data | Feb 17, 2016

AIA reports slight contraction in Architecture Billings Index

Multifamily residential sector improving after sluggish 2015.

Market Data | Feb 11, 2016

AIA: Continued growth expected in nonresidential construction

The American Institute of Architects’ semi-annual Consensus Construction Forecast indicates a growth of 8% in construction spending in 2016, and 6.7% the following year.

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