Skip to the end of the images gallery. Skip to the beginning of the images gallery. A Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum AIADocument A— is a standard form of agreement between owner andcontractor for use where the basis of payment is a stipulated sum fixedprice.
More Information. Monday through Friday - am to pm Pacific Saturday - 10am to 4pm Pacific. E-mail: sales buildersbook. The AIA encourages you to discuss the insurance and bonds requirements of AIA Document A—, with your insurance broker and legal counsel so that appropriate insurance can be put in place before the start of construction.
The Contractor is not obligated to commence the Work until evidence that financial arrangements have been made is provided. Previously, this provision required an adjustment to the Contract Sum to effectuate the withholding. An adjustment to the Contract Sum is impractical because it would require agreement by the Contractor. The Architect may: 1 issue a Certificate for Payment for the full amount of the Application; 2 issue a Certificate for Payment for a portion of the Application and notify the Contractor and Owner of its reasons for withholding certification of a portion of the Application; or 3 withhold certification of the entire Application and notify the Contractor and Owner of its reason for withholding certification.
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Click here! Lots More Forms Here! An in-depth look at the Certificate aka Notice of Completion for Construction along with a link to some forms. Continue Reading All articles are the opinions of the respective authors and do not necessarily represent the opinions of other persons involved with this website.
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