AIA C195 2008 Standard Form of Single Purpose Entity Agreement for Integrated Project Delivery
PLEASE NOTE: This is a physical copy of the contract, not a download.
by AIAC195 - 2008, Standard Form Single Purpose Entity Agreement for Integrated Project Delivery
AIA Document C195™ - 2008 is a standard form single purpose entity (SPE) agreement through which the owner, architect, construction manager, and perhaps other key project participants, each become members of a limited liability company. The sole purpose of the company is to design and construct a project utilizing the principles of integrated project delivery (IPD) established in Integrated Project Delivery: A Guide.
AIA Document C195 - 2008 provides the framework for a collaborative environment in which the company operates in furtherance of cost and performance goals that the members jointly establish. To obtain project funding, the company enters into a separate agreement with the owner. To design and construct the project, the company enters into separate agreements with the architect, construction manager, other non-owner members, and with non-member consultants and contractors. The compensation model in the non-owner member agreements is goal-oriented and provides incentives for collaboration in design and construction of the project, and for the quick and effective resolution of problems as they arise. This highly collaborative process has the potential to result in a high quality project for the owner, and substantial monetary and intangible rewards for the other members.
AIA Documents are Non-Returnable
AIA Contract Documents and the content therein are copyrighted works owned by American Institute of Architects. AIA Contract Documents are protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction, display or distribution of an AIA Contract Document, or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. AIA Contract Documents are licensed for one time use only and may not be reproduced prior to its completion.
AIA, The American Institute of Architects and the AIA emblem are registered trademarks owned by the American Institute of Architects.
Published/Edition: AIA/2008/ISBN/Book No.: C195-2008
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| Description | PLEASE NOTE: This is a physical copy of the contract, not a download. by AIAC195 - 2008, Standard Form Single Purpose Entity Agreement for Integrated Project Delivery AIA Document C195™ - 2008 is a standard form single purpose entity (SPE) agreement through which the owner, architect, construction manager, and perhaps other key project participants, each become members of a limited liability company. The sole purpose of the company is to design and construct a project utilizing the principles of integrated project delivery (IPD) established in Integrated Project Delivery: A Guide. AIA Document C195 - 2008 provides the framework for a collaborative environment in which the company operates in furtherance of cost and performance goals that the members jointly establish. To obtain project funding, the company enters into a separate agreement with the owner. To design and construct the project, the company enters into separate agreements with the architect, construction manager, other non-owner members, and with non-member consultants and contractors. The compensation model in the non-owner member agreements is goal-oriented and provides incentives for collaboration in design and construction of the project, and for the quick and effective resolution of problems as they arise. This highly collaborative process has the potential to result in a high quality project for the owner, and substantial monetary and intangible rewards for the other members. AIA Documents are Non-Returnable AIA Contract Documents and the content therein are copyrighted works owned by American Institute of Architects. AIA Contract Documents are protected by U.S. Copyright Law and International Treaties. Unauthorized reproduction, display or distribution of an AIA Contract Document, or any portion of it, may result in severe civil and criminal penalties, and will be prosecuted to the maximum extent possible under the law. AIA Contract Documents are licensed for one time use only and may not be reproduced prior to its completion. AIA, The American Institute of Architects and the AIA emblem are registered trademarks owned by the American Institute of Architects. Published/Edition: AIA/2008/ISBN/Book No.: C195-2008 |
