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Document A101 1997 TM Standard Form of Agreement Between Owner and Contractor where the basis of payment is a STIPULATED SUM AGREEMENT made as of the Twenty day of February in the year of Two Thousand
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How to fill out aia a101 agreement

How to fill out AIA A101 agreement:
01
Obtain a copy of the AIA A101 agreement form. This can be downloaded from the American Institute of Architects (AIA) website or obtained from a reputable source.
02
Read the instructions carefully to understand the purpose and requirements of the agreement.
03
Begin by entering the project name and location in the designated spaces on the form.
04
Identify the parties involved in the agreement, including the owner, contractor, and architect, and provide their names, addresses, and contact information.
05
Specify the project's contract sum, which is the total amount agreed upon for the project.
06
Define the contract time, which includes the start and end dates for the project.
07
Indicate the date of commencement and substantial completion, which outline the milestones and deadlines for the project.
08
Provide a description of the work involved in the project, including any plans, specifications, or other relevant documents that should be referred to.
09
Address the terms of payment, including the schedule of payments and any retainage or allowances that may apply.
10
Include any required bonds or relevant insurance policies, such as performance bonds or liability insurance.
11
Ensure that both parties review and understand all the provisions of the agreement, including any attachments or exhibits.
12
Sign and date the agreement, making sure that all parties involved also sign and date it.
Who needs AIA A101 agreement:
01
Owners of construction projects who require a standard form agreement that clearly outlines the roles, responsibilities, and terms between them and the contractor.
02
Contractors who are undertaking a construction project and want a clear and comprehensive legal agreement that protects their interests and sets out the terms of the project.
03
Architects who are involved in a construction project and want a formal agreement that helps define their scope of work, responsibilities, and compensation.
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