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

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

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$161.00 - D-525 Agreement between Owner and Design-Builder (Cost-Plus)

$81.00 - D-525 Agreement between Owner and Design-Builder (Cost-Plus)

Year published:2016
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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.
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