Owner
Owners and developers can’t afford to waste time and money on contract disputes and work stoppages. A non-standardized agreement can derail a building project and cost millions. That’s why the majority of owners choose AIA Contract Documents. Our fair and balanced agreements and forms are the most widely accepted by all sectors of the design and building industry. An AIA agreement, backed by over a century of legal precedent, serves as a bedrock to a building project and gives owners and developers the freedom to focus on their myriad other project needs.
AIA Contract Documents save owners and developers time and money by precluding contract disputes between project team members and cutting down on attorney’s fees. Our familiar agreements and forms are trusted by every sector of the design and construction industry, so contracts tend to be signed faster with minimal disagreements. Using a standardized AIA Contract Document is considerably less expensive than starting from scratch with an attorney, and with the online service you can purchase single documents and edit them to fit your specifications. Using the Industry Standard saves time, money, and headaches. Take a look at some of our most used owner agreements:
- A101- 2017, Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum
- A102- 2017, Standard Form of Agreement Between Owner and Contractor where the basis of payment is the Cost of the Work Plus a Fee with a Guaranteed Maximum Price
- A104- 2017, Standard Abbreviated Form of Agreement Between Owner and Contractor
- A105- 2017, Standard Short Form of Agreement Between Owner and Contractor
- A141– 2014, Standard Form of Agreement Between Owner and Design-Builder
- B101- 2017, Standard Form of Agreement Between Owner and Architect
Contract disputes can jeopardize a building project and hurt your bottom line. It’s vital that owners use fair and balanced agreements and forms that are amenable to every member of your project team. When AIA develops and revises our documents, we consult professionals in every sector of the design and building industry to ensure that our legal language is fair and balanced. Our expert team of construction attorneys works with owners, architects, contractors, attorneys, and insurance experts from around the country so that our documents reflect the shared interests of the industry at large and make every effort to ensure no advantage or disadvantage to particular parties exists. Take a look at forms owners find helpful: