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Contact information for each state’s insurance commissioner can be obtained from the National Association of Insurance Commissioners. It's a pricey little document and it has a sneaky little surprise… If you use the AIA ® A101 form you're required to also use the AIA A201 form This provision works in conjunction with Section 14.4.3 of AIA Document A232–2019. The 2019 edition of A132 revises the 2009 edition to reflect changes made in the most recent edition of A232. § 7.1.1.1 A fill-point has been added for the parties to identify the termination fee that the Owner will pay to the Contractor in the event of a termination for convenience. This new provision states that the parties will provide insurance and bonds as required in the insurance and bonds exhibit, AIA Document A132–2019 Exhibit A. _____ This section has been added to allow for Substantial Completion of certain phases of the Project to be completed prior to the Substantial Completion date for the entire Work of all of the Contractors set forth in Section 3.3.1 (tiered Substantial Completion dates). This new provision states that the parties will provide insurance and bonds as required in the insurance and bonds exhibit, AIA Document A132–2019 Exhibit A. A fill-point has been included for the parties to specify a liquidated damages provision or amount to be assessed in accordance with Section 3.4. Typically, there will be more than one prime contractor on these types of projects. This new section clarifies that if the parties have agreed to a schedule of labor rates, those labor rates will remain unchanged for the duration of the Agreement unless the parties execute a Modification. § 3.4 When the Work of this Contract, or any Portion Thereof, is Substantially Complete. Rather, the Contractor is responsible for determining which Subcontractor bids will be accepted and the Owner, in consultation with the Architect and Construction Manager, may choose to reject Subcontractors proposed by the Contractor. In order to clarify the handling of alternates on a Project, this provision has been modified to clearly identify alternates that are accepted at the time of contract execution and those alternates that may be accepted after a condition precedent has been met. This section has been added to make the document consistent with revisions to AIA Document A133–2019 and to recognize that any assumptions agreed-upon by the Owner and Contractor under Section 4.4.7.4 may require revisions to the Contract Documents. The default for providing notice in electronic format will be through the use of AIA Document E203™–2013, Building Information Modeling and Digital Data Exhibit. Because Liquidated Damages have been given a separate fill-point, a fill-point titled “other” has also been included to allow the parties to list a bonus provision or other provision that will allow for adjustment of the Contract Sum. § B.2.2.2.1 A fill-point has been included in this section to allow the parties to provide for an agreement as to the allowable activities performed and percentage of time spent on activities related to the Work by the Contractor’s supervisory and administrative personnel performing Work at sites other than the Project site. Therefore, the Owner has a heightened interest in the efficient and economical performance by the Contractor, and the Contractor has a consequent responsibility to manage expenditures on the Project in keeping with the Owner’s interests. § B.3.1.2 Language formerly appearing in Section B.2.2.5, allowing the Contractor to include bonuses, profit sharing, and other incentive compensation of Contractor’s personnel in the Cost of the Work, has been moved to Section B.3.1.2 (costs not to be reimbursed). BETWEEN the Owner, whose name and mailing address are as follows: William Marsh Rice University, a Texas non-profit corporation BETWEEN. AIA Document A132–2019 revises AIA Document A132–2009 to reflect changes made in construction industry practices and the law, and changes made in AIA documents in 2017. § 5.1.6.2.2 Language has been included to clarify that the allocation of costs in the schedule of values does not create separate guaranteed maximum prices for individual line items on the schedule of values. h�bbd``b`Z$k@��`�i@�+#P#���_ "��
C132™–2019, Standard Form of Agreement Between Owner and Construction Manager as Adviser. This section has been added to allow for portions of the Work of this Contract to be substantially completed prior to when the entire Work of this Contract as set forth in Section 3.4.1 is to be substantially complete. CONTRACT. AIA Document A101–2007 is a standard form of agreement between owner and contractor for use where the basis of payment is a stipulated sum (fixed price). The only value guaranteed by the Contractor is the Guaranteed Maximum Price and individual line items on the schedule of values may be exceeded provided the Guaranteed Maximum Price is not exceeded. This new section has been included to clarify that when the Contractor allocates costs from a contingency line item on the schedule of values to another line item, the Contractor is required to provide supporting documentation to the Architect and Construction Manager to justify reallocation of contingency amounts. Arbitration is binding in most states and under the Federal Arbitration Act. This section contains the same revisions with respect to alternates as in section 4.2.2. This provision addresses those particular interests of the Owner in a cost-plus contract, and the corollary obligations of the Contractor. For specifics about the use of E235–2019, please see the instructions accompanying the document. New for 2019 is a requirement that insurance and bonds be issued by companies lawfully licensed to issue insurance and bonds, as the case may be, in the jurisdiction where the Project is located. STANDARD FORM OF AGREEMENT BETWEEN OWNER AND CONTRACTOR Where the basis of payment is a STIPULATED SUM THIS AGREEMENT is made effective as of this _____ day of _____ in the year of 20__. AIA Document A132–2019 is a standard form of agreement between owner and contractor for use on projects where the basis of payment is either a stipulated sum (fixed price) or cost of the work plus a fee, with or without a guaranteed maximum price.
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