AIA A101

Question 1

When shall contract time be measured from?

Answer 1

The date of commencement of the work (not always the same date as the contract is signed)

Question 2

What is the caveat of the substantial completion date?

Answer 2

Any adjustments of contract time during the performance of the work.

Question 3

What is listed under the Alternate section?

Answer 3

1. Alternates included in the contract sum
2. Alternates that may be accepted after the execution
3. Allowances included
4. Unit prices
5. Liquidated damages

Question 4

What is the period for each pay application?

Answer 4

1 calendar month

Question 5

When shall the owner make final payment to contractor?

Answer 5

no later than 30 days after the issuance of final certificate for payment

Question 6

What are the two most common forms of binding dispute-resolution?

Answer 6

Arbitration and litigation

Question 7

Who must sign the A101?

Answer 7

Owner & Contractor

Question 8

How are insurance and bonds attached to the A101?

Answer 8

As Exhibit A

Question 9

What makes up the package of the C-O agreement?

Answer 9

A101, A101 exhibit A, A201, and E203