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.