703
(Updated 2017) Purchase Options

This is a standard form agreement for the purchase of complex goods (use ConsensusDocs 702 for commodity goods that are not uniquely fabricated) that meet specific project requirements (and may require specific on-site labor for installation) and the terms and condition for their sale, delivery, and installation. This purchase order agreement coordinates between the Constructor (aka builder, general contractor, design-builder, construction manager), distributor, and manufacturer. This agreement uses contract best practices and assigns risk and liability where each party has control.

Purchase Options

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