The American Institute of Architects (AIA) has issued a new 2017 version of the A201 General Conditions of the Contract for Construction which are used in many construction projects nationwide.
Changes in the new version include, but are not limited to the following:
1) Inclusion of language regarding digital data use and transmission and the risk of liability in the event of a security breach;
2) The requirement that Owners provide “reasonable evidence” that it can fulfill its financial obligations under the contract;
3) A higher standard requirement on a contractor for scheduling and information to include in a formal project schedule;
4) A requirement that all subcontracts have to be IN WRITING;
5) Contractors may be entitled to a “termination fee” following a termination for convenience (This was not previously required).
With attorneys licensed in North Carolina and South Carolina, Anderson Jones can help you and your business navigate these changes or any other construction-related legal issue. Contact our legal team at (919) 277-2541 or by email for more information.