Format: MP3 Audio Download or Compact Disc
Presenter: Stephen Phillips
In 2017, the American Institute of Architects (AIA) issued new editions of its most widely used construction contracts, including the AIA A 201 General Conditions. This course will inform the attendees of the most important changes incorporated in the 2017 edition of the AIA construction contracts executed by contractors, particularly pertaining to insurance requirements, and review several of the most important provisions in AIA construction contracts. ?
1. Identify the most significant changes incorporated in the new AIA standard construction contracts.
2. Recognize the new insurance requirements and the AIA's new Insurance and Bonds Exhibit.?
3. Identify issues that will need to be decided at the time of execution of the contract.?
4. Evaluate key provisions in AIA contracts affecting contractor liability.