In an effort to foster best practices for integrated project delivery (IPD) and design-build, the American Institute of Architects is publishing six new documents. Two are contract documents coordinated with C195-2008, or the Standard Form Single Purpose Entity (SPE) Agreement for IPD, issued earlier this year.
C195 sets up a limited liability company that contracts with a team to design and construct a project. The new documents, C196-2008 and C197-2008, enable the SPE to contract with its owner- and nonowner-members. C196 makes the owner a collaborating partner and spells out the terms for funding the SPE. C197 specifies services and compensation for nonowner-members (architects, engineers, contractors). Both C196 and C197 provide for dispute resolution and encourage all members to work toward mutually agreed upon goals.
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