Standard Contract Documents: A Positive Step Towards Fair, Transparent, and Collaborative Resolution of Disputes on Construction Project
By , February 8, 2012
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The first half of this article provides a detailed account of the construction industry in the United States, focusing on the parties involved, the nature of disputes that arise, and how those disputes are handled. The second half of the article provides an analysis of the actual American Institute of Architects (AIA) contract documents, both before and after the substantive 2007 changes. It then analyzes the 2007 AIA documents and describes the recent changes to these dispute resolution provisions, explores the impact these changes may have on the construction industry, and finally, discusses the beneficial nature of these modifications.
