Gain an understanding of the two families of contract forms and the latest changes to ConsensusDocs.
Gain an understanding of the two families of contract forms and the latest changes to ConsensusDocs. Hardly a business day goes by in the construction industry when the parties involved in the construction contracting process do not encounter standard form contract documents. Since 2007, there are now at least two principal sources of such standard form construction contract documents that dominate the marketplace with the 2007 and later editions of their respective families of contract forms. In 2007 and after, the long-established family of documents published by the American Institute of Architects were substantially revised. In comparison, the relatively new and evolving family, the ConsensusDocs, represents an effort by a broad industry coalition of construction industry interests (owner, contractor, subcontractor, and insurance and surety interests) to develop by a consensus process and comprehensive set of standard forms. These standard forms can and likely will be encountered more frequently in the construction contracting process, either in relatively clean or in substantially modified forms. Even where the forms themselves are not conspicuously used, many of their concepts and even their explicit language will show up in a variety of proprietary construction contracting forms and practices. Thus, as the battle of the contract forms continues and the construction industry engages in the ongoing debate as to the relative merits of these two families of documents, this topic will assist you in your understanding and application of the two families of documents, where they are similar and where they are different, sometimes materially so. It will highlight areas of concern and of potential modification of the various contract forms as well as aid in the selection of appropriate standard form contract documents.
Learning Objectives
- You will be able to discuss the characteristics, comparisons, similarities, and contrasting approaches of the current AIA and ConsensusDocs contract form families.
- You will be able to identify for usage in particular instances the appropriate form family and particular forms to suit specific needs and relationships.
- You will be able to describe the areas of concern in the usage of particular standard contract forms and determine the need for and content of modifications and revisions.
- You will be able to review the electronic forms and formatting and options regarding usability of each family of documents.
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Agenda
Provide an Overview of the AIA and ConsensusDocs Contract Document Families, Their Histories and Relative Philosophies and Approaches
Identify Key Differences in the Contract Families and the Principal Defining Characteristics, Concepts and Structures
Review, Compare and Contrast the Key New Document Categories in Each Family
Relative Approaches in Dealing With Key Risk Allocation Issues
Identify and Examine Relative Approaches in Dealing With Major Risk Allocation Issues and Key Provisions in Each of the Construction Contract Groups
Analyze the Current Hot Topics for the Potential Users of the Documents
Determine Which Is Best Suited to Your Project
A Functional Comparison of the AIA and ConsensusDocs
Continued Development and Evolution of New and Improved Contract Forms
Integration and Coordination With Other Family Documents
Electronic Forms and Formatting and Options Regarding Usability
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- AIA 1.0
- Lorman Education Services is a registered provider of AIA-approved continuing education under Provider Number J2016. This course is approved for 1.0 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.
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- This course has been approved for 1.0 hours of CLE by the Arkansas CLE Board.
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- This program has been approved by the Minnesota Board of Continuing Legal Education for 1.0 hours of credit.
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- This program has been approved by the Missouri Bar for 1.3 hours of CLE.
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- VA ENG 1.0
- This program is applicable for 1.0 hours of continuing education through the Board for Architects, Professional Engineers, Land Surveyors, Certified Interior Designers and Landscape Architects (APELSCIDLA BOARD).*
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- VT ENG
- This course is applicable for professional development hours for engineers.*
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- WI ENG 1.0
- This course is applicable for a maximum of 1.0 hours toward the PDH requirement for engineers.*
*The Wisconsin Engineer Section has final authority on the acceptance of individual courses and providers.
- WV ENG 1.0
- This course is applicable for 1.0 professional development hours for engineers.*
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- ICC 0.1
- Lorman Education Services is an International Code Council Preferred Provider. This event is approved for 0.1 CEU's through ICC.
- CPE 1.2 including Specialized Knowledge 1.2
- Noggin Guru, Inc. dba Lorman Education Services and BankersHub is registered with the National Association of State Boards of Accountancy (NASBA) as a sponsor of continuing professional education on the National Registry of CPE Sponsors. State boards of accountancy have final authority on the acceptance of individual courses for CPE credit. Complaints regarding registered sponsors may be submitted to the National Registry of CPE Sponsors through its web site: www.nasbaregistry.org. For more information regarding administrative policies such as complaint and refund, please contact our offices at 866-352-9539. CPE Credit: Maximum Credit Hours: 1.2 each session (based on a 50 minute credit hour). You must attend at least 50 minutes to obtain credit. Field of Study: Specialized Knowledge for 1.2 hours. Prerequisite: . Level of Knowledge: Intermediate. Teaching Method: Seminar/Lecture. Advance Preparation: None. Delivery Method: Group Internet Based. Please refer to the information in this brochure for outline, course content and objectives. Upon completion of this course, you will receive a certificate of attendance. Final approval of a course for CPE credit belongs with each state's regulatory board.
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OnDemand Course
This course was last revised on August 26, 2021.
Call 1-866-352-9540 for further credit information.
- CA MCLE 1.5
- Lorman Education Services is a State Bar of California approved MCLE sponsor and this course qualifies for 1.5 CLE hours of participatory credit.
- ICC 0.15
- Lorman Education Services is an International Code Council Preferred Provider. This event is approved for 0.15 CEU's through ICC.
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.
This program does NOT qualify, nor meet the National Standard for NASBA accreditation.
Who should attend?
This live webinar is designed for engineers, architects, developers, contractors, subcontractors, project managers, contract managers, principals, presidents, vice presidents, owners and managers, controllers, accountants, and attorneys.
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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
Michael F. McKenna, Esq.
Cohen Seglias Pallas Greenhall & Furman PC
- Partner with Cohen Seglias Pallas Greenhall & Furman PC
- Exclusively practices construction law
- New Jersey Super Lawyer, construction/surety law, 2007 to present
- Rated one of New York area’s top-rated lawyers by New York Law Journal and New Jersey Law Journal
- Former chairman of the New Jersey Construction and Public Contract Law Section
- Can be contacted at 201-859-1481 or [email protected]
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