In April, The American Institute of Architects (AIA) issued new editions of its standard construction contract documents, including AIA A201 General Conditions. AIA construction contracts are the most widely used contracts in the construction industry and frequently serve as templates even when an AIA-drafted document is not used.
In addition to A201-2017 General Conditions, AIA revised its Owner-Contractor agreement forms (A101, A102, A103, A104 and A105), Owner-Architect agreement forms (B101, B103, B104 and B105), Contractor-Subcontractor agreement (A401) and Architect-Consultant agreement (C401).
Since 1997, AIA has published new editions of its contract documents every 10 years. The 2017 editions of the AIA contracts will succeed the 2007 versions.
The most significant and visible change in the 2017 documents is a change in format to give more prominence to insurance and provide more detail regarding insurance coverages through the use of a seven-page Insurance and Bonds Exhibit. The new exhibit will cause the parties to give more consideration to insurance at the outset of a construction project and ensure policies do not exclude coverages that might otherwise be limited by exclusions some insurers have included in their policies.