EJCDC® CMA 525, Agreement between Owner and Contractor for Construction Contract (Cost-Plus-Fee)— Construction Manager as Advisor Series (2021)

EJCDC® CMA 525, Agreement between Owner and Contractor for Construction Contract (Cost-Plus-Fee)— Construction Manager as Advisor Series (2021)

$144.00

EJCDC® CMA‑525 is specifically intended for cost-plus-fee contracts (commonly referred to by the shortened term “cost plus”)—that is, contracts in which Owner agrees to compensate Contractor based on the cost of performing the Work, and also pay the Contractor a fee. For construction contracts in which the Contract Price is primarily based on a stipulated price (lump sum), or a mix of stipulated prices and unit prices, users should select EJCDC® CMA‑520, Agreement between Owner and Contractor for Construction Contract (Stipulated Price)—Construction Manager as Advisor Series (2021).

Description

EJCDC® CMA‑525 is specifically intended for cost-plus-fee contracts (commonly referred to by the shortened term “cost plus”)—that is, contracts in which Owner agrees to compensate Contractor based on the cost of performing the Work, and also pay the Contractor a fee. For construction contracts in which the Contract Price is primarily based on a stipulated price (lump sum), or a mix of stipulated prices and unit prices, users should select EJCDC® CMA‑520, Agreement between Owner and Contractor for Construction Contract (Stipulated Price)—Construction Manager as Advisor Series (2021).