AIA Document A401

• Overview
• Agenda
• Faculty
• Credits

Benefits

Construction subcontract agreements are often given less strategic consideration than prime contract documents. Whereas the prime contract may be analyzed and negotiated for an extended period, the subcontract may be pulled from an older project and put in place with a simple name change and scope of work change. Failure to consider the subcontract strategically may prove disastrous. Subcontractor disputes are common, and without strategic planning during the contract formation stage, the parties may suffer later. This teleconference analyzes a standard subcontract document which is readily used on construction projects, and identifies areas where the standard form may be improved. The teleconference provides practical tips and provides suggestions for revisions to the standard AIA document. After the seminar you should be able to use the standard documents strategically to mitigate risks and costly disputes.

Learning Objectives:

• You will be able to review the A401 Subcontractor Agreement.
• You will be able to explain strengths and weaknesses of the A401.
• You will be able to identify the use of the A401 in the Private vs. Public Contracts.
• You will be able to recognize advantages and disadvantages to subcontractor and prime contractor.