nasbp bond formsNASBP is now offering NASBP members free access to the NASBP-equivalent of the new AIA Contract Document A313-2020, Warranty Bond. The AIA Contract Documents Warranty Bond is an assurance by the contractor and contractor’s surety in accordance with the terms of the construction contract. It can be used in conjunction with performance and payment bonds. For more details about the Warranty Bond, see the NASBP Surety Bond Quarterly magazine interview with Mike Bomba Esq., Senior Director and Counsel, with the AIA Contract Documents program (ACD) and ACD’s description of the form.

Since 2010, NASBP been providing NASBP members access to NASBP-equivalents of two other AIA documents. These include the NASBP-equivalents of the AIA Contract Documents A310-2010, Bid bond, and the A312-2010, Performance and Payment Bond.

NASBP members can access these three bond forms for free after agreeing to the Content License Agreement. View the license and bond forms here (NASBP log-in required.)

The NASBP bond forms equivalent to AIA Contract Documents forms are part of NASBP’s effort to make business tools and resources available to the NASBP membership. NASBP makes available other standardized bond forms, free of charge to NASBP members and affiliates, including forms from the ConsensusDocsDesign-Build Institute of America, and Engineers Joint Contract Documents Committee.

NASBP License to Expire December 2021
NASBP’s license for these three NASBP-equivalents of AIA bond forms extends through December 31, 2021. At that time, if an extension agreement has not been reached, NASBP will remove these forms from its website.

For more information, see these articles about other AIA Contract Documents that have appeared in the NASBP Surety Bond Quarterly magazine:

Summer 2017 – 2017 AIA Contract Documents: Selected Key Changes by Kenneth W. Cobleigh
Fall 2015 – AIA’s New Teaming Agreement C102-2015 by Robin G. Banks
Summer 2015 – The AIA Describes Updated and Expanded Design-Build Documents Family by Susan Van Bell

Publish Date
March 1, 2021
Issue
Year
2021
Month
March
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