Residential
development can be a profitable endeavor for design firms; however, these types of projects are complex and replete with risks. According to the AIA Trust, insurers report a disproportionate number of claims against architects related to multi-family housing, especially condominiums, leading to higher rates, higher deductibles and caps on the amount of condo work by an insured firm.
Join us on June 28 to learn about the unique issues inherent in residential design-build, mixed-use and residential condominium construction and the relationship between developer-builders and architects.
Learning Objectives:
1. Survey the unique risks that architects face when participating in
residential design-build, mixed-use and residential condominium construction in order to minimize or avoid them.
2. Examine how a
clear understanding of each party’s unique roles and responsibilities
will reduce project delays, misunderstandings and disputes.
3.
Identify key contractual modifications that can help alleviate the risks
and challenges of residential design and construction in order to
achieve a successful project.
4. Learn where to get AIA
resources, tools, contracts and guides developed to enhance your
understanding of residential contract and risk management issues to the
benefit of all project team members.
Speakers:
- Susan Van Bell, Esq. | Senior Director and Counsel, AIA Contract Documents
- Kevin Miller | Principal, GSBS Architects
- Bruce Williams | Partner, Mithun