Friday, December 28, 2012
The ABA Section of Real Property, Trust & Estate Law will host a teleconference and live audio webcast entitled, Construction Contracts: Why the Forms Are Not Enough, from 12:00 to 1:30 pm on January 23, 2013. Provided below is a description of the event:
Use of the AIA family of construction documents is easy, but many times is not well-suited to the client or its project. It is important to know when or when not to make changes to the forms, or when to use something totally different. During this presentation the panel will discuss:
- Changes to the standard form that are most often necessary;
- Situations when a non-standard form should be used;
- Practical and useful guidelines for advising clients as to the sophistication of construction contract that is needed; and
- The degree that custom-tailored provisions are appropriate.
Written materials will include a matrix of AIA A201 general conditions clauses where changes are often recommended, along with suggested changed language.