Access to Industry Bond Forms DBIA Bond Forms Now Available NASBP is pleased to announce that the NASBP Membership can access the 14 Design Build Institute of America (DBIA) bond forms that DBIA recently published. NASBP Bond Forms Through discussions with the American Institute of Architects (AIA) Contract Documents Program and ACD Operations, LLC, NASBP secured the permission of AIA to create NASBP-equivalents of the current editions of its bid bond document, AIA Document A310-2010, performance bond and payment bond document, AIA Document A312-2010, and warranty bond document, AIA Document A313-2020
By Choity Khan of Robinson+Cole Published August 17, 2022 The American Institute of Architects (AIA) Contract Documents program recently released a limited number of state-specific Sworn Construction Statements and Lien Waiver and Release forms for use on construction projects. At the same time, the AIA also released generic versions of the waiver and release forms for use in states without specific statutory requirements
Wyncrest Commons, LP , 2023 WL 7276637 (Unpublished, decided November 3, 2023), the New Jersey Appellate Division was asked to consider two issues regarding the interpretation and application of a construction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 Document A101-2007) (the “AIA Contract”)
The American Institute of Architects (AIA) recently released the 2017 edition of its key agreements in the A201 family of documents. These design-bid-build agreements, updated every ten years to reflect the evolving construction industry, are universally seen as an industry standard and have crucial implications for surety bond professionals.
Price Escalation Provisions None of the standard industry form General Conditions (AIA, EJCDC or ConsensusDocs) provide a clear path to additional compensation for unexpected material price escalations, nor do they contain price escalation clauses