Failure to use AIA Document A101–2017 Exhibit A could result in the parties having little or no insurance coverage to respond to a loss or third party claim related to the Project. It is suitable for any arrangement between the Owner and Contractor where the cost has been set in advance, either by bidding or by negotiation. Document A101™ – 2017 Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum Init. These documents will be used where the Project is required to achieve a Sustainable Objective, as specified by the Owner, and will include key provisions applicable to the Owner-Contractor Agreement. Note that AIA Documents E204–2017, Sustainable Projects Exhibit, and any applicable Sustainability Plan may be incorporated as a Contract Document. AIADocument A101–2017 is a standard form of agreement between owner andcontractor for use where the basis of payment is a stipulated sum (fixedprice). Unlike previous editions of AIA Document A101, which included a fill point to list the types and limits of insurance, and AIA Document A201, which listed general contractual terms regarding insurance, insurance terms relating to the type and amount of coverage have been removed from AIA Document A101–2017 and A201–2017 and have been included in AIA Document A101–2017, Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum, Exhibit A, Insurance and Bonds. This insurance and bonds exhibit forms an integral part of AIA Document A101–2017 and allows the parties to establish key insurance terms related to the Project. This insurance and bonds exhibit forms an integral part of AIA Document A101–2017 and allows the parties to establish key insurance terms related to the Project. For specifics about the use of E204–2017, please see the instructions accompanying the document. Details on completing AIA Document A101–2017 Exhibit A are included below. A more prescriptive provision on retainage has been included that will allow the parties to clearly delineate the retainage amount, exclusions from retainage, and how retainage may be reduced at Substantial Completion. Unlike previous editions of AIA Document A101, which included a fill point to list the types and limits of insurance, and AIA Document A201, which listed general contractual terms regarding insurance, insurance terms relating to the type and amount of coverage have been removed from AIA Document A101–2017 and A201–2017 and have been included in AIA Document A101–2017, Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum, Exhibit A, Insurance and Bonds. In addition, A101 is drafted to be used in conjunction with the A101–2017, Exhibit A, Insurance and Bonds. The following are some of the significant changes made: Throughout. AIA Document A101–2017 is a standard form of agreement between owner and contractor for use where the basis of payment is a stipulated sum (fixed price). New for 2017 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. �%�Q}C�]_uA�י�Z����\԰G It is also important to note that additional insurance provisions are included in Article 11 of AIA Document A201–2017. A101 is suitable for large or complex projects. However, if the parties elect not to use AIA Document E203–2013, notice in electronic format may be given as specified by the parties in the fill point. Even in those states, under certain circumstances (for example, in a transaction involving interstate commerce), arbitration provisions may be enforceable under the Federal Arbitration Act. A fill-point has been included for the parties to specify a liquidated damages provision or amount. § 7.1.1 A fill-point has been added for the parties to identify the termination fee that the Owner would pay to the Contractor in the event of a termination for convenience. Insurance and Bonds. This replaces Article 10 of A101–2007 with AIA Document A101–2017 Exhibit A. These documents will be used where the Project is required to achieve a Sustainable Objective, as specified by the Owner, and will include key provisions applicable to the Owner-Contractor Agreement. Note that AIA Documents E204–2017, Sustainable Projects Exhibit, and any applicable Sustainability Plan may be incorporated as a Contract Document. AIA Document A101–2017 is used as one part of the Contract Documents that memorialize the Contract for Construction between the Owner and the Contractor. This new provision states that the parties will provide insurance and bonds as required in the insurance and bonds exhibit, AIA Document A101–2017 Exhibit A. This document has been prepared for use in conjunction with AIA Document A201–2017, General Conditions of the Contract for Construction, which is adopted into A101–2017 by a specific reference. However, if the parties elect not to use AIA Document E203–2013, notice in electronic format may be given as specified by the parties in the fill point. Mediation is a non-binding process, but is mandatory under the terms of this agreement. This insurance and bonds exhibit is a critical part of the owner/contractor agreement and should be discussed with legal and insurance counsel. The AIA does not administer dispute resolution processes. AIA Document B101–2017 is a one-part standard form of agreement between owner and architect for building design and construction contract administration. It is also important to note that additional insurance provisions are included in Article 11 of AIA Document A201–2017. 6 § 2.5.7 Additional Insured Obligations. S?5�F�]����� �s�(E�d��-�1�]�����ޤ��6@���b����>+6�4`k���1�I,�;!�r=�{����{�g7�c���f������}in9�Q��R�7�3�h�8�)Y�k��~8'Q��W����öU�D��b��:�}5�jͰ����j���ծ����hcv�J�YUD?�-�V��J����x�$[����)���c�� Although the AIA does not produce standard documents for Supplementary Conditions, Drawings or Specifications, a variety of model and guide documents are available, including AIA’s MASTERSPEC and AIA Document A503™, Guide for Supplementary Conditions. This insurance and bonds exhibit is a critical part of the owner/contractor agreement and should be discussed with legal and insur… To submit disputes to mediation or arbitration or to obtain copies of the applicable mediation or arbitration rules, contact the American Arbitration Association at (800) 778-7879 or visit the website at, A503™, Guide for Supplementary Conditions. This fill point was referenced in a parenthetical instruction. In addition, A101 is drafted to be used in conjunction with the A101–2017, Exhibit A, Insurance and Bonds. AIA Document A101–2017 is published in conjunction with the following related documents: A201–2017, General Conditions of the Contract for Construction, B101™–2017, Agreement Between Owner and Architect, C401™–2017, Agreement Between Architect and Consultant, E203™–2013, Building Information Modeling and Digital Data Exhibit, D503™, Guide for Sustainable Projects, including Commentary on AIA Sustainable Projects Documents. This clarifies information previously included in a parenthetical instruction. This integrated set of documents is suitable for most projects; however, for projects of limited scope, use of A104–2017 may be considered.