As far as I know, hole tolerances are not addressed. This was a related question and answer from AISC's Steel Solutions Center...
3.3. Element Location Tolerances
3.3.1. IS A TOLERANCE ON HOLE OR HOLE PATTERN LOCATION SPECIFIED IN THE AISC CODE OF STANDARD PRACTICE?
No. Neither the ±1∕16-in. tolerance, where applicable, on overall length of members framed to other steel parts nor the 1∕16-in. clearance on size of standard holes should be construed as implying that the tolerance of ±1∕16 in. also applies either to the maximum tolerance on hole location within a pattern of holes or to the position of intermediate connections.
Table J3.3 in the AISC Manual lists maximum dimensions of standard, oversized, short-slotted and long-slotted holes, which is based on the RCSC Specification.
With regard to the use of slotted holes or oversize holes, I take advantage of where the AISC allows them, simply because it gives a little more tolerance during fit-up in the shop, and their use helps during the erection process. In some cases, it eliminates the need for drift pins.