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Architects Issue Statement on “Fiscal Cliff” Vote

Construction Business Owner

January 2, 2013) – The American Institute of Architects (AIA) issued the following statement in reaction to the House and Senate votes approving the “Fiscal Cliff” deal negotiated by Congressional leaders earlier this week. The statement should be attributed to AIA President Mickey Jacob, FAIA: Washington, D.C.

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7 Things Contractors Need to Know About Retainage

Fieldwire

Retainage is up for negotiation Retainage is not set in stone. Every contract is negotiable, including what percentage is retained and for how long. For example, in the American Institute of Architects (AIA) A401 — the standard contract between a contractor and subcontractor — the retainage amount is blank.

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Construction Contracts Online: ConsensusDOCS and AIA Go Head-to-Head

Best Practices Construction Law

ENR journalist Johanna Knapschaefer wrote a good piece about " ConsensusDOCS Contract Library Takes to the Cloud, " where she described the real-time collaboration needed for contract negotiations. G808–2001, Project Data, and G808A–2001, Construction Classification Worksheet.

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The American Institute of Architects Unveils New, Updated AIA Contract Documents

Construction Superintendent Magazine

The new documents and updates will improve the contract negotiation experience for architects, building owners, general contractors and other design and construction professionals. frontpage'

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Construction Contracts: Mediation Is A Great Alternative To Litigation

Construction Law Monitor

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. Each party negotiates some give and take until a compromise is reached. Do Construction Contracts Contain Mediation Clauses? It depends on the contract.

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#100:  Dealing With Rising Costs

NH Construction Law

Another approach is to negotiate with subcontractors or suppliers to lock in prices for an extended period of time, thereby kicking the price increase risk downstream – but in the present volatile market, subs and suppliers are increasingly reluctant to hold their prices for long, typically not more than 60 or 90 days.

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Active Interference Wins Skee Ball Points and Precludes Enforcement of A “No Damages for Delay” Clause

Best Practices Construction Law

The real lesson is to make sure to review your contract for these types of provisions and try to negotiate the terms. For example, the AIA A201 expressly provides that the owner and contractor may seek damages from each other in the event of a delay caused by the other party. Lesson Learned.

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