CCDC Model Bid Form for Stipulated Price Contract 2025

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Contract negotiations: CCDC contracts are standard documents that can be used to establish the terms and conditions of the relationship between the owner and the contractor. They provide a clear and consistent framework for the construction process and can be used to minimize the risk of disputes and misunderstandings.
A stipulated sum contract also called a lump sum or fixed fee contract, is a contractual agreement in which the contractor agrees to complete the project for a predetermined set price. A stipulated sum contract binds the contractor to agree to be accountable for project execution at a predefined cost.
CCDC-17 - Stipulated Price Contract for Trade Contractors on Construction Management Projects. This is your go-to standard contract for a seamless partnership between the project owner and sub-trade contractor. This is designed specifically for projects operating under the CCDC 5A.
A stipulated sum contract requires that the contractor agree to be responsible for the proper job execution at a set price.
A lump sum contract, sometimes called stipulated sum, is the most basic form of agreement between a contractor and a customer. A lump sum contract or a stipulated sum contract will require that the contractor agree to provide specified services for a stipulated or fixed price.
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People also ask

CCDC 2 Stipulated Price Contract is the industry standard prime contract between Owner and prime Contractor. This contract establishes a single, pre-determined fixed price, or lump sum, for the project.
Contracted pricing is a type of contractual agreement between two parties, typically the buyer and seller, which sets the terms, conditions, and prices associated with a particular product or service.

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