702
(Updated 2017) Purchase Options

This purchase order is for the purchase of commodity goods (use ConsensusDocs 703 for noncommodity goods) and assigns risks and liabilities where each party has control. This form document includes such information such as the buyer and seller, project name, payment and price, materials, and parties can modify the terms of the agreement for their individual project needs and state law requirements. Use ConsensusDocs 702.1 for the Terms and Conditions. It is worth noting that commodity goods are more easily returned and typically are not uniquely fabricated for one construction project.

Purchase Options

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