Standard construction contract forms published by the American Institute of Architects that are widely used in the industry.
AIA contracts are standardized construction contract documents developed and published by the American Institute of Architects, widely used throughout the United States construction industry. They include owner-contractor agreements, general conditions, and supplementary forms for various delivery methods. AIA contracts are regularly updated to reflect current industry practices and legal standards.
Because AIA contracts are pre-drafted and widely recognized, knowing their default terms lets estimators price risk accurately instead of guessing at payment, change-order, and indemnification provisions. The general conditions in A201 establish retainage, payment timing, and how disputes are handled, all of which affect a contractor's cash flow and the contingency it builds into a bid. Owners frequently attach supplementary conditions that modify the standard AIA language, so reading both is essential before committing to a price.
The general contractor flagged that the owner's supplementary conditions increased retainage above the level the team assumed under AIA A201, prompting the estimator to add carrying cost into the bid markup.
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