Understanding the Top Three AIA Owner/Contractor Provisions



Changes in the work, differing site conditions, and surety takeovers

 

Monday, September 21, 2020   |   2-3 pm ET   |   Free webinar

Three important provisions in the AIA’s Owner/Contractor agreements and performance bond are the “Change in the Work” clause, the “Differing Site Conditions” clause, and the “Surety Takeover” provision. This webinar will discuss each in detail, explain the rationale behind them, and how they are structured within AIA’s set of owner-contractor agreements. Attendees will better understand and confidently navigate these provisions. This webinar will describe the "Change in the Work" clause and the "Differing Site Conditions" clause within the owner-contractor agreements in detail so that attendees can gain a thorough understanding as to why these clauses are structured the way they are and how they are intended to operate. Lastly, the presenter will describe the "Surety Takeover" provision within the AIA’s A312™️-2010, Performance Bond and describe some common scenarios which would cause that provision to be triggered.


Attendees will:

• Learn the framework and rationale behind the “Change in the Work” clause of the owner/contractor agreements.

• Grasp the framework and rationale behind the “Differing Site Conditions” clause of the owner/contractor agreements.

• Understand the “Surety Takeover” provision of the A312-2010, Performance Bond.

• Gain tips on how to navigate the AIA Contract Documents software and how to learn more about the documents.

SPEAKERS

Mike Bomba, Esq. 

Senior Director and Counsel

AIA Contract Documents

James Germano, Esq.

Manager and Counsel, AIA Contract Documents
The American Institute of Architects

James Germano, Esq.

Manager and Counsel, AIA Contract Documents
The American Institute of Architects

James Germano, Esq.

Manager and Counsel, AIA Contract Documents
The American Institute of Architects

James Germano, Esq.

Manager and Counsel
AIA Contract Documents