751
(Updated 2017) Purchase Options

Revised in 2017, this short form subcontract agreement form provides a standard agreement for a Constructors (aka builder, general contractor, design-builder, construction manager) and a Subcontractor.  This standard subcontract is compatible with ConsensusDocs prime construction contract agreements but is also written to be flexible and work with other standard contracts, such as AIA A201, as well as many “originally” drafted prime construction agreement.  This Subcontract agreement does not take into consideration the design-build project delivery method and therefore is different than the ConsensusDocs 450 Agreement Between Design-Builder and Subcontractor. This agreement conveniently integrates the general terms and conditions and the construction agreement terms into one document. The general conditions include the responsibilities allocated to each party and address critical construction law contract issues. The contract issues include: the parties relationship and responsibilities to each other, definitions of key terms, scope of work, subcontract price, contract documents, changes, payment, indemnification (defend and hold harmless against all losses), insurance and bond, termination, dispute resolution and mitigation, and more. The included construction law contract issues are fair for the Design-Builder as well as Subcontractors. The payment included is pay-when-paid and the quick payment requirements are compatible with most if not all prompt payment and anti-indemnification requirements in states possessing prompt payment and anti-indemnity law.

Purchase Options

Preview

First visit? Please register using the link below. Returning? Welcome back! Please sign in to go to your personal project Dashboard.

Guidebook

view
Loading…