The New AIA Bonds: What Surety Professionals Need to Know (June 2010)
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6/1/2010
When: 6/1/2010
Where: Webinar

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In June 2010 The American Institute of Architects publically releases its updated standardized bond forms: A310 Bid Bond and A312 Performance Bond and Payment Bond. This is the first update since 1970 and 1984 respectively.

Learn from those who engaged in the revision process as they explain the specific updates to the forms and the significance to owners, contractors, subcontractors, and surety professionals. Discover why the revisions were made and take this opportunity to have your specific questions addressed. Participants to this seminar will receive samples of the new bond forms along with a commentary on and comparative version of the forms issued by AIA.

The Presenters were active participants in the process that led to the 2010 revisions of the AIA bond forms:

Michael B. Bomba is an Associate Counsel on the AIA Contract Documents team at the American Institute of Architects, Washington, DC where he works actively in the creation and revision of AIA Contract Documents and provides assistance to users of AIA documents. Prior to joining the AIA, Mr. Bomba worked at a private law firm in Washington, DC, representing design professionals in corporate and litigation matters. He is a member of the bar in both the State of Maryland and the District of Columbia.

Edward G. Gallagher is General Counsel of The Surety & Fidelity Association of America and a past chair of the Fidelity and Surety Law Committee of the Tort Trial and Insurance Practice Section of the American Bar Association. He is a frequent speaker on topics related to fidelity and surety bonds.

Mark H. McCallum is Chief Executive Officer of the National Association of Surety Bond Producers. He previously served as the association's general counsel and director of government affairs, heading its government relations, industry relations, legal, and other functions. Prior to joining NASBP, Mr. McCallum was Senior Counsel & Executive Director of Programs and Industry Relations with the Associated General Contractors of America, and Associate Counsel with American Institute of Architects.

 

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