Surety Bond Quarterly - Winter 2017 - 30

feature

Inside the AIA's New

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Insurance and Bonding
Contract Exhibit

BY TODD R. REGAN

30

ENSURING THAT THE necessary insurance coverages and bonding are in
place for a construction project is
one of the most important, and at
times easily overlooked, aspects of
the construction contracting process.
Oftentimes, consideration of the necessary insurance coverages, and who
will be responsible for obtaining them
for a project, can be treated as a mere
afterthought. The American Institute
of Architects' (AIA) new Insurance and
Bonds Exhibit seeks to bring these
considerations to the forefront.
As discussed in Kenneth Cobleigh's
article [http://www.nxtbook.com/
nay lor/ SB P Q / SB P Q 0217/ ind ex .
php?startid=24#/24] in the Summer
2017 edition of the NASBP Surety

SURETY BOND QUARTERLY | WINTER 2017

Bond Quarterly magazine, the AIA has
recently issued revised versions of its
A201 "family" of construction agreements, a process it undertakes once
a decade. Most surety and insurance
professionals will be quite familiar
with the A201 suite of documents, as
they are one of the most commonly
used set of industry forms.
A significant change enacted by
the latest revisions was the creation
of a separate Exhibit to the contract
forms setting forth the insurance and
bonding requirements. In contrast,
under the prior version (most recently
the A201-2007), these requirements
were contained deep within the A201
General Conditions of the Contract for
Construction at Article 11.


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Table of Contents for the Digital Edition of Surety Bond Quarterly - Winter 2017

NASBP Upcoming Meetings & Events
2017–2018 Executive Committee
From the CEO: Looking Backward to Reach Forward
Relationships for the Long Run
Subcontractor Default Insurance: Relevant Considerations for the Surety Claims Professional
Bottom Line Protection with Job Cost Accumulation & Allocation
Inside the AIA’s New Insurance and Bonding Contract Exhibit
The Calm After the Storm: Managing Disaster Response Contracts
Practical Tools to Help Jump-Start Your Company’s Cyber Plan
Index to Advertisers
Surety Bond Quarterly - Winter 2017 - Intro
Surety Bond Quarterly - Winter 2017 - cover1
Surety Bond Quarterly - Winter 2017 - cover2
Surety Bond Quarterly - Winter 2017 - 3
Surety Bond Quarterly - Winter 2017 - 4
Surety Bond Quarterly - Winter 2017 - 5
Surety Bond Quarterly - Winter 2017 - 6
Surety Bond Quarterly - Winter 2017 - 2017–2018 Executive Committee
Surety Bond Quarterly - Winter 2017 - 8
Surety Bond Quarterly - Winter 2017 - From the CEO: Looking Backward to Reach Forward
Surety Bond Quarterly - Winter 2017 - 10
Surety Bond Quarterly - Winter 2017 - Relationships for the Long Run
Surety Bond Quarterly - Winter 2017 - 12
Surety Bond Quarterly - Winter 2017 - 13
Surety Bond Quarterly - Winter 2017 - Subcontractor Default Insurance: Relevant Considerations for the Surety Claims Professional
Surety Bond Quarterly - Winter 2017 - 15
Surety Bond Quarterly - Winter 2017 - 16
Surety Bond Quarterly - Winter 2017 - 17
Surety Bond Quarterly - Winter 2017 - 18
Surety Bond Quarterly - Winter 2017 - 19
Surety Bond Quarterly - Winter 2017 - 20
Surety Bond Quarterly - Winter 2017 - 21
Surety Bond Quarterly - Winter 2017 - 22
Surety Bond Quarterly - Winter 2017 - 23
Surety Bond Quarterly - Winter 2017 - 24
Surety Bond Quarterly - Winter 2017 - 25
Surety Bond Quarterly - Winter 2017 - Bottom Line Protection with Job Cost Accumulation & Allocation
Surety Bond Quarterly - Winter 2017 - 27
Surety Bond Quarterly - Winter 2017 - 28
Surety Bond Quarterly - Winter 2017 - 29
Surety Bond Quarterly - Winter 2017 - Inside the AIA’s New Insurance and Bonding Contract Exhibit
Surety Bond Quarterly - Winter 2017 - 31
Surety Bond Quarterly - Winter 2017 - 32
Surety Bond Quarterly - Winter 2017 - The Calm After the Storm: Managing Disaster Response Contracts
Surety Bond Quarterly - Winter 2017 - 34
Surety Bond Quarterly - Winter 2017 - Practical Tools to Help Jump-Start Your Company’s Cyber Plan
Surety Bond Quarterly - Winter 2017 - 36
Surety Bond Quarterly - Winter 2017 - 37
Surety Bond Quarterly - Winter 2017 - Index to Advertisers
Surety Bond Quarterly - Winter 2017 - cover3
Surety Bond Quarterly - Winter 2017 - cover4
http://www.nxtbook.com/naylor/SBPQ/SBPQ0118
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