An interesting twist to the limitations question exists if the particular construction project had utilized the AIA General Conditions (AIA Document A201) in existence before the 2007 edition. That’s because language in those general conditions spell out different times when statutes of limitations start to run.
For example, Article 13.7 of the 1987 and 1997 editions of the AIA General Conditions provides that statutes of limitations begin to run (accrue) at either substantial completion or breach by the contractor (installation of defective work), depending on the circumstances.