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Provided by: Lorman Education Services AIA and ConsensusDOCS Contract Documents: Comparison and Contrast |
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Training
Provided by Lorman Education Services
nHardly a business day goes by in the construction industry when the parties involved in the construction contracting process encounter standard form contract documents. Two of the principal sources of such standard form construction contract documents have both recently issued the 2007 editions of their respective families of contract forms. The long established family of documents published by the American Institute of Architects has been substantially revised. The new family on the block, the ConsensusDOCS, represents an effort by a broad industry coalition of construction industry interests (owner, contractor, subcontractor, and insurance and surety interests) to develop by a consensus process and comprehensive set of standard forms. These standard forms can and likely will be encountered frequently in the construction contracting process, either in relatively clean or in substantially modified forms, and even where the forms themselves are not conspicuously used, many of their concepts and even their explicit language will show up in a variety of proprietary construction contracting forms and practices. Thus, as the "battle of the contract forms" has now begun and the construction industry begins the debate as to the relative merits of these two families of documents, this teleconference will assist you in your understanding and application of the two families of documents - where they are similar and where they are different, sometimes materially so. It will highlight areas of concern and of potential modification of the various contract forms as well as aid in the selection of appropriate standard form contract documents.
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nThis teleconference will provide insights and information that will be of significant value to anyone involved in the construction contracting processes, including those involved in contract formation and negotiation, contract administration, payment application and administration, change order and claims processing, and dispute resolution.
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nLearning Objectives:
n- You will be able to describe what is new and different from the prior 1997 AIA document editions.
n- You will be able to identify why and how the 2007 ConsensusDOCS were developed.
n- You will be able to compare the 2007 AIA Documents and the 2007 ConsensusDOCS.
n- You will be able to compare the electronic forms and formatting and options regarding useability of each family of documents.
Related Awards, Degrees or Certifications: ,AIA ,CC ,CPE ,ENG ,PMI ,Additional credit may be available upon request. Contact Lorman at 866-352-9540 for further information
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AIA and ConsensusDOCS Contract Documents: Comparison and Contrast
Agenda
- The 2007 AIA Documents - What Is New and Different From Prior 1997 Editions
- Changing Roles and Responsibilities for the Architect During the Construction Phase
- Changes in the Dispute Resolution Process
- Changes in Insurance Requirements
- Principal and Defining Characteristics, Concepts and Structures
- The 2007 ConsensusDOCS - Why and How They Developed, and What They Are
- Principal Defining Characteristics, Concepts and Structures
- Little Involvement of Architect on Contract Administration
- Single Form of Prime Contract and General Conditions
- A Comparison and Contrasting of the Principal AIA and ConsensusDOCS Contract Forms
- The Prime Contract Documents (AIA A 101-2007 and 201-2007, and the ConsensusDOCS Document 200-2007)
- Payment Related Issues (e.g. Owner Financial Information, and Payment Status and Flow to the Subcontractors)
- Indemnification and Additional Insured Requirements
- Dispute Resolution Processes and Procedures
- Consequential Damages Waivers
- Scheduling Requirements and Delay-Related Issues
- Change Orders and Claims
- Termination and Owner Takeover of Work
- The Subcontract Documents (AIA A-401-2007 and ConsensusDOCS Document 750-2007)
- Payment Terms and Procedures
- Right to Stop Work for Nonpayment
- Conduit and Flow Through Requirements Regarding Prime Contract Terms and Conditions
- Dispute Resolution Processes and Procedures
- Scheduling and Time Extension Issues
- Assessment and Administration of Back-Charges
- Protection of Work and Allocation of Risk of Loss During Construction
- A Functional Comparison of the AIA and ConsensusDOCS
- Integration and Coordination With Other Family Documents
- Electronic Forms and Formatting and Options Regarding Useabilty
About The Training Provider: Lorman Education Services
Lorman Education Services - Lorman Education is dedicated to providing cost-effective training opportunities that meet the needs of our members and enhance their skills, knowledge, and competencies.
Please use Priority Code 16175 when registering.
Lorman Education Services began offering continuing education seminars in 1987.
Lorman Education is dedicated to providing cost-effective training opportunities that...
