Growing the Value of Your Firm through Supplemental Architectural Services May 2011

1. Growing the Value of Your Firm through Supplemental Architectural ServicesMay 2011

2. Project Financing and DevelopmentSupplemental Service Manitoba Hydro Place, Winnepeg MB Architect: Smith Carter Architects and Engineers; Kuwabara Payne Mckenna Blumberg Architects Credit: KPMB

3. Project Financing and Development Supplemental Service Why a Client May Need These Services • To estimate project financial performance • To provide a basis for development budgeting • To structure project financing • To obtain project funding for new construction • To obtain refinancing of existing facilities

4. Project Financing and Development Supplemental Service Knowledge and Skills Required • Understanding of economic concepts and principles • Ability to perform financial analyses and comparisons • Ability to evaluate resulting data and interpret findings • Ability to relate findings to the building design process and develop recommendations • Ability to communicate findings and recommendations to the client

5. Project Financing and Development Supplemental Service Representative Process Tasks • Define financial goals and objectives • Outline variables for evaluating alternatives • Develop financial scenarios and project outcomes • Compare outcomes with financial goals and objectives • Adjust initial requirements as needed to achieve desired outcomes

6. Project Financing and Development Supplemental Service Contract Document to Use B102–2007 (formerly B141–1997 Part 1), Standard Form of Agreement Between Owner and Architect without a Predefined Scope of Architect’s ServicesAIA Document B102™–2007 replaces and serves the same purpose as AIA Document B141™–1997 Part 1. AIA Document B102–2007 is a standard form of agreement between owner and architect that contains terms and conditions and compensation details. B102–2007 does not include a scope of architect’s services, which must be inserted in Article 1 or attached as an exhibit. The separation of the scope of services from the owner/architect agreement allows users the freedom to append alternative scopes of services. Articles to incorporate supplemental services and special conditions • ARTICLE 1   ARCHITECT’S RESPONSIBILITIES • ARTICLE 8 SPECIAL TERMS AND CONDITIONS

7. Project Financing and Development Supplemental Service Contract article to insert services that the architect will be providing: ARTICLE 1   ARCHITECT’S RESPONSIBILITIES § 1.1 The Architect shall provide the following professional services: (Describe the scope of the Architect’s services or identify an exhibit or scope of services document setting forth the Architect’s services and incorporated into this document in Section 9.2)

8. Project Financing and Development Supplemental Service Another article to be aware of is: ARTICLE 8   SPECIAL TERMS AND CONDITIONS Special terms and conditions that modify this Agreement are inserted here.

9. Architect’s Handbook of Professional Practice The Architect’s Handbook of Professional Practice (Handbook or HPP) is the most comprehensive reference available about architecture practice. Its breadth makes it a unique one-stop resource for licensed architects, for professionals aspiring to be architects, and for those engaged in or associated with the building design community. As the centerpiece publication of the American Institute of Architects, the Handbook fulfills the Institute’s goal to “Be the Authoritative Source: Be the recognized leader for knowledge about the practice and profession of architecture.” (2010–2015 AIA Strategic Plan, p. 4 plan approved December 2009).

10. Project Financing and Development Supplemental Service To view the Supplemental Architectural Services series, visit www.aia.org/practicing/akr/AIAB089194 (an alphabetical index of descriptive pdfs for each service)