Which are considered sources of contracts according to NASCLA?

The correct answer, which indicates that AIA (American Institute of Architects) and AGC (Associated General Contractors) are considered sources of contracts, reflects their significant roles in the construction industry.

The American Institute of Architects produces widely recognized contract documents, which serve as standardized forms for various construction projects. These documents are designed to clarify the rights, responsibilities, and obligations of all parties involved in construction projects. Their usage helps to reduce disputes and misunderstandings by providing clear guidelines.

Similarly, the Associated General Contractors is an organization that represents thousands of companies in the construction industry. AGC also provides contract documents tailored to the construction process, fostering fair practices and standardized agreements that help facilitate smooth project execution.

Recognizing AIA and AGC as sources of contracts is vital for understanding the standard practices in the construction field, ensuring that professionals can navigate and utilize established agreements effectively.