Available in:

OnDemand Course

Understanding AIA Document A312 Bond Forms

Understand the process required to make and maintain a proper claim against the A312 Performance Bond.

Many actors on a construction project, architects, owner representatives and their attorneys often do not understand how to properly terminate a contractor from a project and then allow the surety to perform the required investigation so as to properly maintain their rights against the surety under the A312 Performance Bond. Likewise, contractors and sureties, and their attorneys, sometimes do not recognize defenses to claims made against the A312 Performance Bond and, in some cases, may actually waive available defenses to claims against the Bond. This topic helps the persons on any side of a construction dispute, owner, architect, surety, and contractor, understand the process required to make and maintain a proper claim against the A312 Performance Bond. The topic also explains the possible defenses that might be asserted against a claim under the A312 Bond and actions parties to a contract should take to ensure that they don't waive any rights they have under the A312 Performance Bond. This information is critical for construction industry professionals facing tough decisions when projects are going south.

Learning Objectives

  • You will be able to discuss the proper manner to present notice of a default under the A312 Performance Bond.
  • You will be able to identify defenses to claims made against a A312 Performance Bond.
  • You will be able to describe the pitfalls associated with not honoring respective obligations under the A312 Bonds.
  • You will be able to define and understand the basic workings of the A312 Bonds.

90 minutes
Course Exam
Certificate of Completion
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Agenda

Background: Purpose and History of AIA Document A312

  • The Parties: Obligees/Owners, Principals/Contractors, Sureties, Claimants (Subs and Suppliers)
  • Construction Fundamentals
  • Suretyship Fundamentals
  • The A312's Role and Development

The A312 Payment Bond

  • History
  • Revisions
  • Nationwide Applicability

The A312 Performance Bond

  • A Tour Through the Form
  • Revisions
  • Nationwide Applicability

Obligations of the Parties Under the A312 Performance Bond

  • The Surety's Obligations
  • The Owner's Obligations
  • The Principal's Obligations

The Surety's Investigation Under the A312 Performance Bond

  • When Triggered
  • What's Involved?
  • Reasonable Promptness

Surety's Defenses Under the A312 Performance Bond

  • Owner Breach of Contract
  • Improper Termination
  • Owner's Breach of Implied Warranty
  • Owner Waiver of Rights
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Credits

OnDemand Course

This course was last revised on May 23, 2019.

Call 1-866-352-9540 for further credit information.

  • AIA 1.5
     
  • Lorman Education Services is a registered provider of AIA-approved continuing education under Provider Number J2016. This course is approved for 1.5 Learning Unit hour(s). Prerequisite: None, Program Level: Intermediate: Advanced Preparation: None All registered AIA CES Providers must comply with the AIA Standards for Continuing Education Programs. Any questions or concerns about this provider or this learning program may be sent to AIA CES ([email protected] or (800) AIA 3837, Option 3). This learning program is registered with AIA CES for continuing professional education. As such, it does not include content that may be deemed or construed to be an approval or endorsement by the AIA of any material of construction or any method or manner of handling, using, distributing, or dealing in any material or product. AIA continuing education credit has been reviewed and approved by AIA CES. Learners must complete the entire learning program to receive continuing education credit. AIA continuing education Learning Units earned upon completion of this course will be reported to AIA CES for AIA members. Certificates of Completion for both AIA members and non-AIA members are available upon request.
     

To earn each credit Lorman offers through the OnDemand learning platform, you need to watch 100% of the program. Also, for certain credits you will need to fulfill additional requirements which will be displayed on the "credits" tab when viewing the course.

  • Those applying for AIA and HRCI must view 100% of the program and answer the questions following the program.

This program does NOT qualify, nor meet the National Standard for NASBA accreditation.

Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

Faculty

Adrian D'Arcy

Adrian D'Arcy

D'Arcy | Vicknair, L.L.C.

  • Partner with D'Arcy | Vicknair, L.L.C. in New Orleans, Louisiana
  • Practices construction and surety litigation
  • Conducts regular seminars and workshops on numerous topics, including construction law, discovery in construction litigation, lien law, and sustainable building issues
  • Author of several publications related to the areas of construction law
  • Member of the Louisiana State Bar Association, New Orleans Bar Association, U.C.D. Alumni Association, U.S. Green Building Council, and many other associations
  • Listed in Super Lawyers (Louisiana - construction) 2015 and 2016; and as a Top Lawyer (construction) in New Orleans Magazine, 2015 and 2016
  • J.D. degree, cum laude, Loyola Law School, New Orleans; B.A. degree in economics, honors, University College, Dublin, Ireland
  • Can be contacted at 504-636-8648 or [email protected]
Andrew G. Vicknair

Andrew G. Vicknair

D'Arcy | Vicknair, L.L.C.

  • Founding Partner of D’Arcy Vicknair, LLC in New Orleans, Louisiana
  • Licensed to practice law in Louisiana, Texas, and New York
  • Registered patent attorney with the United States Patent and Trademark Office
  • Practices intellectual property law and construction and surety litigation
  • Conducts regular seminars and workshops on numerous topics, including intellectual property law (copyrights, trademarks, and patents), construction law, discovery in construction litigation, lien law, and liability claims against engineers
  • Author of several publications related to the areas of intellectual property and construction law
  • Member of numerous professional and civic organizations
  • J.D. degree, Loyola Law School; B.S. degree in electrical and biomedical engineering, Louisiana Tech University
  • Can be contacted at [email protected] or 504-636-8648
Purchase Options

Add to Wishlist

More Program Information

Why Lorman?

Over 37 years and 1.4 million customers worth of experience providing continuing education. Our passion is providing you world-class training to help you succeed in business and as a professional.

All of your training, right here at Lorman

All of your training, right here at Lorman.

Pay once and get a full year of unlimited training in any format, any time!

  • OnDemand Courses
  • Live Webinars
  • MP3 Downloads
  • Course Manuals
  • Executive Reports
  • White Papers and Articles

Additional benefits include:

  • State Specific Credit Tracker
  • All-Access Pass Course Concierge

Questions? Call 877-296-2169 to speak with a real person.

Sign Up Today
With This Course

Access to all training products for one year
$699/year

Unlimited Lorman Training

With the All-Access Pass there is no guessing what you will need for your yearly training budget. $699 will cover all of your training needs for an entire year!

Easy Registrations

Once you purchase your All-Access Pass you will never be any further than one-click away from attending any Lorman training course.

Invest in Yourself

You haven't gotten to where you are professionally by luck alone; it's taken a lot of hard work and training. Invest in yourself with the All-Access Pass.

Product ID: 404791
Purchase Options

Available in Multiple Formats

Purchase this course and learn on your schedule!