New webinar explains how AIA Contract Documents can address business disruptions due to COVID-19
Posted: April 3, 2020 | Tradewinds
The American Institute of Architects (AIA) has provided a new webinar online informing businesses how provisions included in AIA contract documents can help address issues arising from the COVID-19 pandemic.
Businesses in the design and construction industry are currently reporting a variety of disruptions to projects, including work stoppages, workforce deficits, project cancellations, as well as material, equipment and supply shortfalls. During the webinar, two AIA attorneys cover how construction contracts are designed to anticipate—and have mechanisms—to allocate risk, and potentially adjust project schedules, if a party is unable to complete contract obligations due to circumstances out of their control.
With a focus on two specific AIA contract documents, A201®-2017, General Conditions of the Contract for Construction and the B101™-2017, Owner/Architect Agreement, the webinar also explores how AIA contracts can address project delays, extensions, suspension, termination, payment and dispute resolution.
The webinar was recorded March 27 and had over 2,000 participants. Additional information regarding how AIA contract documents can address project disruptions resulting from Covid-19 are available on the AIA Contract Documents website.
Visit AIA’s website for complete COVID-19 member resources.
Founded in 1857, AIA consistently works to create more valuable, healthy, secure, and sustainable buildings, neighborhoods, and communities. Through more than 200 international, state and local chapters, AIA advocates for public policies that promote economic vitality and public wellbeing.
AIA provides members with tools and resources to assist them in their careers and business as well as engaging civic and government leaders and the public to find solutions to pressing issues facing our communities, institutions, nation, and world. Members adhere to a code of ethics and conduct to ensure the highest professional standards.