If you have ever been involved in the construction business sector, you are probably aware of the American Institute of Architect’s (AIA) Contract Documents. They are one of the most popular methods of reaching an agreement during a construction project. These contract documents are edited every ten years to ensure they remain relevant after different laws are put in place and the industry evolves.
Now that it’s 2017, it is time to review these documents again since the last time changes were put in place was 2007. Throughout 2017, AIA has been making amendments to these highly popular contract documents, as well as creating new ones. So far, the American Institute of Architects have released 14 revised editions and 20 brand new contract documents.
What Primary Changes Have Been Put In Place?
Some of the biggest changes the AIA has decided on includes contractor safety, more detailed construction itineraries, claims and disputes will be decided upon differently, and both sides will now have to decide on a termination fee if the situation arises.
Construction schedules now must include the beginning of the project, important milestones, when most of the work has or will be completed, division of labor, and the amount of time it took for each project to be completed. These changes hope to bring a more fluid approach to the construction business industry after how much it has evolved over the past ten years.
In the digital age, the AIA has also decided that there must be specific guidelines to transmit information. This will make everything more simple for both parties involved in the contract. With this streamlined format, there will be no confusion over the right way to provide deliverables or confidential information with the client.
If you are a contractor, it is important that you take time to review all of the new changes the AIA has rolled out in the last year to make sure you are up to date on current policies.