800
(Updated 2017) Purchase Options

This contract document is used for the Owner of a construction project to designate a Program Manager. The contractual configuration is of a “pure/agent program manager,” not at risk, with the Program Manager signing design and construction contracts as the agent of the Owner. The Program Manager serves as the Owner’s facilities staff hired as contractors and may oversee a project delivery accomplished under a variety of methods (e.g., design-bid-build or design-build) for each discrete project or site. This agreement conveniently integrates general terms and conditions and 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, each party’s representatives, payment, cost of services, contract duration, 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 each party.

Purchase Options

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