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A102-2007 is a Standard Form of Agreement between Owner and Contractor where the basis of payment is the Cost of the Work Plus a Fee, with a Guaranteed Maximum Price. A103-2007 is a very similar document but without a Guaranteed Maximum Price.
What is the A102?
About A102-2017. This standard form of agreement between owner and contractor is appropriate for use on large projects requiring a guaranteed maximum price, when the basis of payment to the contractor is the cost of the work plus a fee.
Is A101 owner and contractor?
A1012017 is a standard form of agreement between owner and contractor for use where the basis of payment is a stipulated sum or fixed price. A101 adopts by reference, and is designed for use with, Document A2012017, General Conditions of the Contract for Construction.
What is the purpose of the A201?
The A201 establishes the most of the general terms between the Architect, the Owner, the Contractor, and in many cases, the subcontractors. The A201 is generally used in connection with one of the other contract forms, and together establish the terms of the contract.
What is the difference between A101 and A102?
A101: The standard agreement between an owner and contractor for a project with a fixed-amount or lump-sum payment. A102: An agreement for projects contracted for the cost of work plus a fee. A201: The general terms and conditions for the A101 and A102/A103. B101: The agreement between the owner and the architect.
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