AIA CONTRACTS Flashcards
Net Service Revenue / net operating revenue
‘Net Service Revenue’ is the ‘net fee’ determined by subtracting the consultant fees from the gross fee of the project. It is the amount of money your firm is making on a project. You might use this value when looking at and evaluating the project budget. If you subtract the direct expenses and any contingencies from the ‘Net Service Revenue’ the resulting value is the project labor budget, or the amount of the fee which you can spend on direct project labor.
‘Net Operating Revenue’ sounds very similar at first. It is the net dollars the firm retains after deducting all consultant fees and expenses and all reimbursable project related expenses. So while
The main difference here is that ‘Net Service Revenue’ is the project fee less consultant fee and expenses per a single project.
The ‘Net Operating Revenue’ is all projects’ fees less all consultant fees and expenses across the entire firm.
look at the ‘Net Service Revenue’ if you are evaluating the financial success of a project.
look at the ‘Net Operating Revenue’ if you are evaluating the financial success of a firm.
*Fun fact: while the reimbursable are not included in the Net Operating Revenue, any markups on the reimbursable are included as these dollars are revenue for the firm.
A-series
Owner / contractor agreements
B-series
Owner / architect agreements
C-series
Other agreements
D-series
Miscellaneous documents
E-series
Exhibits
G-series
Contract administration and project management forms
A101-2017
A101-2017, Standard Form of Agreement Between Owner and Contractor where the basis of payment is a Stipulated Sum
• This contract is used when project price is based on a sum (fixed price). It is suitable for large or complex commercial construction projects.
A102-2017
A102-2017, Standard Form of Agreement Between Owner and Contractor where the basis of payment is the Cost of the Work Plus a Fee with a Guaranteed Maximum Price
• This contract between owner and contractor can be used on large projects requiring a guaranteed maximum price when the payment to the contractor is the cost of the work plus a fee.
A103-2017
A103-2017, Standard Form of Agreement Between Owner and Contractor where the basis of payment is the Cost of the Work Plus a Fee without a Guaranteed Maximum Price
• This contract is used on large projects when the basis of payment to the contractor is the cost of the work plus a fee, and the cost is not fully known at the commencement of construction
A104-2017 (formerly A107-2007)
A104-2017 (formerly A107-2007), Standard Abbreviated Form of Agreement Between Owner and Contractor
• This contract is used on construction projects of limited scope and complexity when there is a stipulated sum or cost plus.
A105-2017
A105-2017, Standard Short Form of Agreement Between Owner and Contractor
• This contract is appropriate for smaller, less complex commercial or residential projects.
A110-2021
A110-2021, Standard Form of Agreement Between Owner and Contractor for a Custom Residential Project
• This contact is a stand-alone agreement with its own internal general conditions and is intended for use on custom residential construction projects. AllO may be used for custom residential projects where payment is based on either a stipulated sum or the cost of the work plus a fee, with or without a guaranteed maximum price.
A111-2021
A111-2021, Standard Form of Agreement Between Owner and Home Builder for Construction of a Single Family Home
• This contract is a streamlined document developed to meet the needs of residential owners and home builders for a relatively straightforward home construction project. It is not intended to be used for remodeling or renovation projects.
A112-2021
A112-2021, Standard Form of Agreement Between Owner and Home Builder for Design and Construction of a Single Family Home
This contract is intended to be used for a single family residential project when the owner hires a home builder to provide design services and construction.
A113-2022
A113-2022, Standard Form of Agreement Between Owner and Contractor for Remodel of a Single Family Home
AIA Document A113™–2022 is an owner/contractor agreement that is intended to be used for a single family residential remodeling project. A113 does not include design phases or construction administration services provided by a third-party architect. A113 is a streamlined document developed to meet the needs of residential owners and contractors for a relatively straightforward home remodeling project, such as a kitchen or bathroom remodel.
A121–2018
A121–2018, Standard Form of Master Agreement Between Owner and Contractor where Work is provided under multiple Work Orders
This contract is used when the contractor’s scope of work will subsequently be specified through the use of one or more work orders.
A132-2019
A132-2019, Standard Form of Agreement Between Owner and Contractor, Construction Manager as Adviser Edition
This contract is used on projects where the basis of payment is either a stipulated sum (fixed price) or cost of the work plus a fee, with or without a guaranteed maximum price where construction manager is the adviser.
A133-2019
A133–2019, Standard Form of Agreement Between Owner and Construction Manager as Constructor where the basis of payment is the Cost of the Work Plus a Fee with a Guaranteed Maximum Price
This contract is used on projects where a construction manager, in addition to serving as adviser to the owner, assumes financial responsibility for construction of the project.
A134-2019
A134–2019, Standard Form of Agreement Between Owner and Construction Manager as Constructor where the basis of payment is the Cost of the Work Plus a Fee without a Guarantee Maximum Price
This contract is used when the owner seeks a construction manager who will take on responsibility for providing the means and methods of construction.
A141-2014
A141–2014, Standard Form of Agreement Between Owner and Design-Builder
This contract is used on large design-build projects when the owner contracts with a single entity to provide both design and construction.
A142-2014
A142–2014, Standard Form of Agreement Between Design-Builder and Contractor
This contract is used for large design-build projects when the design-builder hires a contractor for construction.
A145-2015
A145-2015, Standard Form of Agreement Between Owner and Design-Builder for a One or Two Family Residential Project
This contract is used for a one or two family residential project and consists of the Agreement portion and Exhibit A, a Design-Build Amendment that is executed when the owner and design-builder have agreed on the Contract Sum.
A151–2019
A151–2019, Standard Form of Agreement Between Owner and Vendor for Furniture, Furnishings, and Equipment (FF&E)
This contract is used between owner and vendor for furniture, furnishings and equipment (FF&E) where the basis of payment is a stipulated sum (fixed price) agreed to at the time of contracting.