The 2018 edition of the “Standard General Conditions of the Construction Contract” (C-700) details the basic terms between the owner and the contractor:
– contractor’s duties and responsibilities,
– owner’s duties and responsibilities,
– bonds and insurance,
– progress and final payments,
– substantial completion,
– status of the engineer during construction,
– subsurface and hidden site conditions,
– changes in the work,
– contract price and contract time,
– contractor warranties and guarantees,
– correction or rejection of defective work,
– work suspension or termination, and
– dispute resolution.
