The American Institute of Architects (AIA) has released updated Contractor’s Qualification Statement and Warranty Bond documents.
Used to inquire about a contractor’s qualifications, the updated warranty statement now includes more capabilities such as safety protocols and plans, sustainability, and BIM experience. It can now be assembled modularly so that contractors can provide general information about their company, sensitive financial and performance information, and information that pertains to a specific project.
“The new bond is a useful tool to owners and contractors who wish to navigate the post-completion warranty obligation process more successfully, particularly on complex projects,” according to AIA. AIA worked with the National Association of Surety Bond Producers (NASBP) and the Surety & Fidelity Association of America (SFAA) to develop the new warranty bond. The document provides coverage for the contractor’s post-completion warranty obligations.
Related Stories
Codes and Standards | May 15, 2018
Blast testing of loaded mass timber structures yields positive results
Four tests covered a spectrum of blast loads.
Codes and Standards | May 14, 2018
Maryland makes general contractors liable for failure of subs to pay employees
GCs could have to pay for up to three times the wages owed.
Codes and Standards | May 10, 2018
Data collection, machine learning boost building efficiency
Sensors, software algorithms squeeze out waste.
Codes and Standards | May 9, 2018
OSHA and state safety agencies write more than 100 silica citations in 6 months
Actions tending to come with investigation of other site conditions.
Codes and Standards | May 8, 2018
Powerhouse coalition builds energy positive buildings
The goal: build buildings that provide more power than they cost to build, run, and demolish.
Codes and Standards | May 7, 2018
Plan advances in Los Angeles for Climate Emergency Mobilization Department
Would oversee efforts to reduce greenhouse gas emissions across the city.
Codes and Standards | May 3, 2018
Data collection, machine learning boost building efficiency
Sensors, software algorithms squeeze out waste.
Codes and Standards | May 2, 2018
Energy Department releases Updated EnergyPlus and OpenStudio building energy modeling tools
The tools can now accept input in epJSON format.
Codes and Standards | May 1, 2018
ASHRAE publishes new energy simulation-aided design standard
Requires building energy modeling during schematic design.
Codes and Standards | Apr 30, 2018
CALGreen projects pre-approved for streamlined LEED v4 requirements
Reduces need to run additional energy models.
