D-525 2016 Agreement between Owner and Design-Builder (Cost-Plus)

D-525 2016 Agreement between Owner and Design-Builder (Cost-Plus)

$160.00

EJCDC D-525 is the standard form of Owner/Design-Builder Agreement used when the project’s scope is sufficiently defined at the time the contract is signed to enter into a binding agreement on price, where the basis of compensation is cost-of-the-work plus a fee—either with or without a guaranteed maximum price (GMP).  EJCDC D-525 addresses all elements typically seen in construction contracts, including identifying the parties, the design professional(s), contract price, contract times, basic payment terms, the design-builder’s representations, enumeration of the contract documents, and signatures of the parties.  New in this edition of EJCDC D-525 is an exhibit that sets forth in detail the types of services and construction eligible for compensation.

SKU: D-525 Category:

Description

EJCDC D-525 is the standard form of Owner/Design-Builder Agreement used when the project’s scope is sufficiently defined at the time the contract is signed to enter into a binding agreement on price, where the basis of compensation is cost-of-the-work plus a fee—either with or without a guaranteed maximum price (GMP).  EJCDC D-525 addresses all elements typically seen in construction contracts, including identifying the parties, the design professional(s), contract price, contract times, basic payment terms, the design-builder’s representations, enumeration of the contract documents, and signatures of the parties.  New in this edition of EJCDC D-525 is an exhibit that sets forth in detail the types of services and construction eligible for compensation.