Recent Modifications to the AIA Construction Contracts Documents: What You Need to Know
In April 2017, the American Institute of Architects (AIA) released its much-anticipated modifications on contracts documents which updated existing conditions and standards in the construction industry. One notable update is the conjunction of the Insurance and Bonds Exhibit to Article 11, resulting in a more understandable insurance coverage requirements and easier contract negotiations.
In this LIVE Webcast, a panel of distinguished professionals and thought leaders organized by The Knowledge Group will provide an in-depth discussion of the latest revisions in the AIA construction contracts documents. Speakers will dig deeper as they analyze its implications and provide best practices to prevent risks and pitfalls.
Key topics include:
- AIA Construction Contracts Documents: An Overview
- Latest Modifications in Construction Contracts Documents
- Legal and Practical Implications
- Common Pitfalls and Risk Issues
- Managing an Effective AIA Construction Contract Document
- What Lies Ahead?
Greenbaum, Rowe, Smith & Davis LLP
- Modifications to the AIA Document A101-2017 Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum, and AIA Document A102-2017 Standard Form of Agreement Between Owner and Contractor where the basis of payment is the Cost of the Work Plus a Fee with a Guaranteed Maximum Price
- Contract Time
- Electronic Notice / BIM
- Modifications to the AIA Document A201-2017 General Conditions of the Contract for Construction
- Owner’s Financial Information
- Communications with Owner
- Progress Payments & Lien Waivers
- Termination Fees
- Overview of New Insurance and Bonds Exhibits (AIA Document A101-2017 Exhibit A and AIA Document A102-2017 Exhibit A)
Burr & Forman LLP
Burr & Forman LLP
- A general overview of the 2017 modifications to the AIA documents and overarching themes behind the modifications.
- The major revisions to A201 General Conditions for the Contract for Construction.
- The addition of two new exhibits: the Insurance Exhibit (A101 Exhibit A) and the Sustainable Projects Exhibit (E-204).
- The major revisions to A101 Standard Form Agreement Between Owner and Contractor.
- The major revisions to B101 Standard Form Agreement Between Owner and Architect.
Who Should Attend:
- Contractors and Subcontractors
- Construction Industry Professionals
- Owners of Construction Projects
- Risk Managers
- Construction Lawyers
- Insurance Lawyers
- Engineering Firms
- Insurance Brokers
- Other interested/related professionals
Steve is a partner in the Litigation Department of Greenbaum, Rowe, Smith & Davis LLP, where he is a member of the Construction Practice Group. The firm has offices in Woodbridge and Roseland, New Jersey and in New York. Steve concentrates his practice in construction law and represents owners, contractors and design professionals in construction-related claims and disputes. He also represents community associations, unit owners and developers in lawsuits regarding construction defects, budgeting and financing issues and condominium governance. Steve maintains an active transactional practice, negotiating and drafting construction contracts for his clients. He frequently lectures industry groups and bar associations on construction law topics and is the legal columnist for two specialty trade publications, Plumbing Engineer and PHC News. Steve is also an author of the New Jersey Construction Q&A chapter of Practical Law, and the New Jersey chapter of CPI LienLaw Online.
Steve is a partner in the Litigation Department of Greenbaum, Rowe, Smith & Davis LLP, where he is a member …
Josh Stover is an associate in Burr & Forman LLP’s Jackson, Mississippi office where he is a member of the firm’s Construction and Project Development practice group. Josh represents clients from all phases of the construction industry including owners, contractors, subcontractors, manufacturers, material suppliers, and design professionals. Josh has litigated a wide variety of construction claims including design defect claims, delay claims, payment disputes, differing site conditions, homeowner claims, bid protests, lien claims, bond claims, and garnishment actions. In addition to his litigation practice, Josh is experienced in contract drafting and negotiating and strives to ensure his clients fully appreciate and are protected by the terms of any contract they execute.
Josh Stover is an associate in Burr & Forman LLP’s Jackson, Mississippi office where he is a member of the …
Ms. Gatlin represents contractors, owners and sureties in the work-out and resolution of construction defaults, and has defended contractors, owners and engineers in construction-related mass tort cases, including claims for exposure to asbestos, silica, lead, mold, arsenic and other contaminants. She has successfully litigated numerous multi-million dollar claims in Louisiana, Alabama and Mississippi. Additionally, Ms. Gatlin advises clients through the construction process and is currently representing an international company in the construction of a multi-billion dollar industrial facility.
She is a member of the Mississippi Bar Association, the American Bar Association (Tort and Insurance Practice Section and Member of the Forum in the Construction Industry), Steering Committee for Division 5 of the Forum of the Construction Industry and former member of the Charles N. Clark Inn of Court. Since 2010, Chambers USA has named Ms. Gatlin as a “Leader in their Field.” Chambers, a leading guide to the legal profession, noted, Cheri Gatlin is praised by clients as a “business-minded litigator who comes up with good strategies.”
Ms. Gatlin represents contractors, owners and sureties in the work-out and resolution of construction defaults, and has defended contractors, owners …
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Method of Presentation:
Experience in construction law
NY Category of CLE Credit:
Areas of Professional Practice
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About Greenbaum, Rowe, Smith & Davis LLP
Greenbaum, Rowe, Smith & Davis is a multi-practice law firm serving local, regional and national clients. As one of New Jersey’s leading law firms, the firm brings diverse and comprehensive expertise to the representation of both businesses and individuals. For over 100 years, the firm has earned the trust and loyalty of clients by providing sophisticated, creative and cost-effective representation through collaborative teamwork, proactive legal strategies, attention to detail and relationship-oriented service.
About Burr & Forman LLP
For more than a century, Burr & Forman LLP’s experienced legal team has served clients at the intersection of business and government with local, national and international interests in numerous industry and practice areas, ranging from commercial litigation and class actions to corporate transactions, including bankruptcy and restructurings. A Southeast regional firm with 360 attorneys and 19 offices in Alabama, Delaware, Florida, Georgia, Mississippi, North Carolina, South Carolina and Tennessee, Burr & Forman attorneys draw from a diverse range of resources to help clients achieve their goals and address their complex legal needs. The firm operates as Burr Forman McNair in North Carolina and South Carolina. For more information, visit the firm’s website at www.burr.com.