Anand Gupta | Construction Law Zone The construction industry often relies on contract forms drafted by the American Institute of Architects (AIA). These AIA forms include agreements between owners, designers, consultants, contractors, subcontractors, and construction managers. Some prefer to use the forms in the stock form, but others prefer to modify the language to their… Continue reading Updates to AIA Contract Applications
Tag: American Institute of Architects
Wyncrest Commons: Commonly Used Progress Payments In Construction Contracts Do Not Render Them Installment Contracts
Benjamin J. Hochberg | Peckar & Abramson In BIL-JIM Construction Company, Inc. v. Wyncrest Commons, LP, 2023 WL 7276637 (Unpublished, decided November 3, 2023), the New Jersey Appellate Division was asked to consider two issues regarding the interpretation and application of a construction contract that utilized the standard form American Institute of Architects owner/contractor agreement (AIA… Continue reading Wyncrest Commons: Commonly Used Progress Payments In Construction Contracts Do Not Render Them Installment Contracts
At a Glance: Construction Contracts and Insurance in USA
Jerry P. Brodsky and Michael S. Zicherman | Peckar & Abramson Contracts and insurance Construction contracts What standard contract forms are used for construction and design? Must the language of the contract be the local language? Are there restrictions on choice of law and the venue for dispute resolution? Many different form contracts are utilised.… Continue reading At a Glance: Construction Contracts and Insurance in USA
AIA Contracts are Especially Best Measured Twice and Cut Once
Katie Otrando and David Sullivan | DarrowEverett In fast-paced industries such as the construction industry, it is easy to assume that standardized form contracts provided by the American Institute of Architects (“AIA”) will prevent, rather than cause, problems further down the road. An effective construction contract will provide performance, timing standards and set forth effective… Continue reading AIA Contracts are Especially Best Measured Twice and Cut Once
You’ll Be Seeing More of These: AIA Releases New Lien Release Forms
Kyle M. Doiron | BuildSmart As many in the construction industry are aware, owners and lenders often require prime contractors, subcontractors, and suppliers to execute sworn statements and lien waiver and release forms as a prerequisite to payment. Many states therefore see it fit to regulate — in varying degrees — what those forms say… Continue reading You’ll Be Seeing More of These: AIA Releases New Lien Release Forms