Note: The document 'Guiding Principles for Balanced and Insurable Client/Architect Agreements' as referenced in this note is under review for currency. Refer Acumen note Agreements - principles for key principles that provide the foundation for the establishment of balanced, equitable and insurable client–architect agreements.
The Institute's publication, Guiding Principles for Balanced and Insurable Client/Architect Agreements was first published in 2005 and is intended to be used by architects and their clients – including government departments and agencies, developers and other construction industry participants – and financial and legal professionals. It identifies some contract terms that are seen as unfair, and in some cases are also uninsurable. The principles in this document apply equally to novation deeds.
See also
- The Institute's 2012 document Guiding Principles for Balanced and Insurable Novation Deeds aims to simplify the negotiation process for architects and their clients contemplating novation.