The A101–2007 form is the new, updated version of the standard form of agreement between owner and contractor for use where the basis of payment is a stipulated sum (fixed price). This form is suitable for large or complex projects, and adopts by reference. The A101–2007 is designed for use with the A201™–2007, General Conditions of the Contract for Construction.
If your project is of a smaller or limited scope, it is recommended that you use form A107™–2007, Agreement Between Owner and Contractor for a Project of Limited Scope.
If your project is very small, AIA offers form A105™–2007, Agreement Between Owner and Contractor for a Residential or Small Commercial Project.
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AIA - A101-2007 Standard Form of Agreement Between Owner and Contractor where the Basis of Payment is a Stipulated Sum