contract forms

Introduction to AIA/Consensus Forms and State-Promulgated Contracts In the construction industry, contracts serve as foundational documents that define the responsibilities and rights of the parties involved. Two prevalent types of contracts utilized are the AIA/Consensus forms and state-promulgated contracts. The AIA (American Institute of Architects) contract documents, along with ConsensusDocs, have been developed to provide … Read more

Introduction to AIA/Consensus Forms and State-Promulgated Contracts The AIA (American Institute of Architects) consensus forms represent a collection of standard contract documents widely used in the construction industry. These forms are designed to facilitate clear communication and delineate responsibilities among various parties involved in a construction project, such as owners, contractors, and subcontractors. Since their … Read more

Introduction to AIA/Consensus Forms and State-Promulgated Contracts The construction industry regularly utilizes various contractual frameworks to govern the relationships between parties involved, especially regarding risk allocation. Two prominent types of contracts prevalent in Nevada are the AIA (American Institute of Architects) consensus forms and state-promulgated contracts. Each serves a distinct purpose, impacting how construction projects … Read more

Introduction to Risk Allocation in Construction Contracts Risk allocation is a key aspect of construction contracts that defines the distribution of potential risks and liabilities among the parties involved in a project. In the context of construction, these risks can arise from various factors, including design flaws, construction delays, site conditions, and changes in project … Read more

Introduction to AIA/Consensus Forms and State-Promulgated Contracts In the construction industry, the framework of contract agreements is crucial for the successful execution of projects. Two predominant contract types are the AIA (American Institute of Architects) consensus forms and state-promulgated contracts. AIA forms are developed by the American Institute of Architects and are widely recognized and … Read more