May 16, 2008
  New AIA Integrated Project Delivery Agreements Introduced at Convention

The AIA introduced two sets of documents May 15 at the AIA 2008 National Convention and Design Exposition. The first, a set of three agreements, is a transitional approach to integrated project delivery and features an owner-architect agreement form, a separate owner-contractor agreement form, and a general conditions document that defines the responsibilities of each participant, with a guaranteed maximum price amendment. The second, more novel agreement is the C195™–2008, Standard Form Single Purpose Entity Agreement for Integrated Project Delivery, which creates a limited liability company among the owner, architect, construction manager, and possibly other parties, according to the specifics of a particular project.

Howard Goldberg, Esq., outside counsel to the AIA Documents Committee has prepared a detailed explanation of these new documents, available here.


 
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