Monday / September 21, 2020 / 1:00 PM - 2:00 PM
Three important provisions in the AIA’s Owner/Contractor agreements and performance bond are the “Change in the Work” clause, the “Differing Site Conditions” clause, and the “Surety Takeover” provision.
Join this free webinar where we will discuss each in detail, explain the rationale behind them, and how they are structured within AIA’s set of owner-contractor agreements. Attendees will better understand and confidently navigate these provisions. Lastly, the presenter will describe the "Surety Takeover" provision within the AIA’s A312™️-2010, Performance Bond and describe some common scenarios which would cause that provision to be triggered.
- Learn the framework and rationale behind the “Change in the Work” clause of the owner/contractor agreements.
- Grasp the framework and rationale behind the “Differing Site Conditions” clause of the owner/contractor agreements.
- Understand the “Surety Takeover” provision of the A312-2010, Performance Bond.
- Gain tips on how to navigate the AIA Contract Documents software and how to learn more about the documents.
Speaker: James Germano, Esq., AIA Contract Documents, Washington, DC