New Construction for a New Day

PROJECT AND CLAIM ADMINISTRATION UNDER NEW AIA AND CONSENSUSDOCS CONSTRUCTION FORMS

Last fall, two organizations, one well known and established and one recently formed, published a series of contract forms for the construction industry. In releasing its 2007 revised edition of its popular series of project forms, including the widely utilized A201™ General Conditions of the Contract for Construction, the American Institute of Architects (AIA) expressly acknowledged considerable industry concern about terms in the A201-1997 form with respect to financial matters and dispute resolution, among other items. Consequently, it attempted to refine its product in order to “fairly balance divergent interests, and accurately reflect the modern construction industry.”