A142-2004 replaces A491-1996 and consists of the Agreement and five exhibits: Exhibit A, Terms and Conditions; Exhibit B, Preconstruction Services; Exhibit C, Contractor's Scope of Work; Exhibit D, Determination of the Cost of the Work; and Exhibit E, Insurance and Bonds. Unlike B491-1996, A142 does not rely on A201 for its general conditions of the contract. A142 contains its own Terms and Conditions. A142 obligates the contractor to perform the work in accordance with the Contract Documents, which include A142 with its attached exhibits, supplementary and other conditions, drawings, specifications, addenda, and modifications. Like A141, A142 requires the parties to select the payment type from three choices. (1) Stipulated Sum, (2) Cost of the Work Plus Design-Builder's Fee, and (3) Cost of the Work Plus Design-Builder's Fee with a Guaranteed Maximum Price.
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AIA - A142 Agreement Between Design-Builder & Contractor
