Contracts
The ConsensusDocs 200 document is a standard prime construction contract between the Owner of the construction project and the Constructor (aka builder, general contractor, design-bid-builder, construction manager) that conveniently integrates the general terms and conditions and the construction agreement terms into one document.
Read MoreThe ConsensusDocs 200.1 is the only standard material price escalation clause. This material price escalation clause lists the specific materials affected in a particular project and adjusts the contract price based upon a certain metric, usually an agreed-upon objective market index.
Read MoreThe ConsensusDocs 200.2 is intended to be used as an addendum (additional document) to a ConsensusDocs prime construction contract agreement. It helps parties establish a protocol for protecting digital information, clarify that such digital information is for informational purposes only and establish who is responsible for ensuring the protection of the information.
Read MoreThe ConsensusDocs 200.4 is intended to be used as an addendum (additional document) to a ConsensusDocs prime construction contract agreement. It establishes that the project will use a Dispute Review Board (DRB) as a non-binding process for dispute avoidance, dispute mitigation and timely dispute resolution.
Read MoreThe ConsensusDocs 200.5 is intended to be used as an addendum (additional document) to a ConsensusDocs prime construction contract agreement when three parties are involved. This contract document specifies the intended scope of work included under the contract document, responsibilities of each party, duration, cost of the process, payments, confidentiality, assignment, termination, relationship of the parties, establishment, operations, composition, qualifications, and formal process of the DRB.
Read MoreThe ConsensusDocs 203 can be used as a unilateral order issued by the Owner of the construction project for changes needed in the work to be performed by the Constructor (aka builder, general contractor, design-builder, construction manager) when a ConsensusDocs 202 Change Order has not been agreed upon.
Read MoreThe ConsensusDocs’ 205 Owner and Constructor Agreement (Short Form Lump Sum) is the most popular prime construction contract agreement because it’s short and convenient. This standard construction contract between the Owner of the construction project and the Constructor conveniently integrates the general terms and conditions and the construction agreement terms into one sufficient document.
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