Fieldwire
SEPTEMBER 5, 2023
The construction contract will typically define the process for submitting a pay app, the documents to include, and the deadline for submission. It’s also known as AIA billing since the American Institute of Architects (AIA) produces one of the most commonly used pay applications. There are several types of lien waivers.
Fieldwire
AUGUST 14, 2023
It’s fairly common, especially on commercial and public construction projects, and typically ranges from 5 - 10% of the total contract price. So on a $100,000 contract with 10% retainage, the contractor doesn’t have to fork over ten grand at the beginning. Instead, the contractor will deduct the retainage from each payment application.
This site is protected by reCAPTCHA and the Google Privacy Policy and Terms of Service apply.
Mr Ethics
APRIL 23, 2014
Dear Mr. Ethics, We use AIA contract documents with all our owners and subs. For example, we insert a “paid when paid” clause; broader indemnification; and a lien waiver provision. We always modify the documents to get better terms for us. We never let the owner or sub know we modified the document. Regards, Mr. Ethics
Mr Ethics
APRIL 23, 2014
Dear Mr. Ethics, We use AIA contract documents with all our owners and subs. For example, we insert a “paid when paid” clause; broader indemnification; and a lien waiver provision. We always modify the documents to get better terms for us. We never let the owner or sub know we modified the document. Regards, Mr. Ethics
Mr Ethics
APRIL 23, 2014
Dear Mr. Ethics, We use AIA contract documents with all our owners and subs. For example, we insert a “paid when paid” clause; broader indemnification; and a lien waiver provision. We always modify the documents to get better terms for us. We never let the owner or sub know we modified the document. Regards, Mr. Ethics'
Construction Lawyer
MARCH 13, 2012
He is a member various professional organizations, has been an officer and director of the Chicago Chapter AIA, President of the Chicago Chapter, Construction Specifications Institute, and writes a regular construction law column for The Construction Specifier. He is a Fellow of the AIA as well as the Association of Licensed Architects.
Construction Law Monitor
SEPTEMBER 25, 2013
Do Construction Contracts Contain Mediation Clauses? It depends on the contract. Many American Institute of Architects (AIA) form contracts will allow for an option to include both a mediation and arbitration clause for alternative dispute resolution. Do not sign contracts unless they have a mediation clause.
Expert insights. Personalized for you.
98 
Let's personalize your content