Construction Dive Quotes Alexander Ferrini on the AIA’s 2017 Contracts Update
In a recent Construction Dive article titled “The Dotted Line: What Contractors Need to Know About the AIA’s 2017 Contracts Revamp,” Olshan Real Estate partner Alexander Ferrini, who has extensive experience with construction and design contracts, was quoted on the highly anticipated 2017 updates to the American Institute of Architects’ standardized contract series. Updates to the contracts, which are revised decennially, include clarification of the architect’s role as “initial decision maker” on projects; a much more comprehensive section on retainage; improved insurance provisions; and more.
You can read the full article here.
You can view the AIA’s 2017 Contracts Update here.
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