New Documents Include Two Integrated Project Delivery Agreements and Owner-Architect Agreement for Pro Bono Services. Washington, D.C.- June 8, 2010 – (RealEstateRama) — On June 10, The American Institute of Architects (AIA) will announce the release of three updated bond forms as well as three new agreements, including an owner-architect agreement for pro bono services and two Integrated Project Delivery (IPD) agreements. Collectively called the “4.3 Release,” these six documents, A312™–2010, Payment Bond; A312™–2010, Performance Bond; A310™–2010, Bid Bond; B106™–2010, Standard Form of Agreement Between Owner and Architect for Pro Bono Services; C198™–2010, Standard Form of Agreement Between Single Purpose Entity and Consultant for Integrated Project Delivery; and C199™–2010, Standard Form of Agreement Between Single Purpose Entity and Contractor for Integrated Project Delivery, build on the AIA Contract Documents program’s 120 years of experience as the industry standard in defining the contractual relationships that govern the design and construction industry. These documents, and the bond forms in particular, highlight the AIA’s efforts to collaborate with industry stakeholders and practitioners in the development process.
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