A102-2007

Standard Form of Agreement Between Owner and Contractor Where the Basis of Payment is the Cost of the Work Plus a Fee with a Negotiated Guaranteed Maximum Price

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This standard form of agreement between owner and contractor is appropriate for use on large projects requiring a negotiated guaranteed maximum price, when the basis of payment to the contractor is the cost of the work plus a fee. A102-2007 is not intended for use in competitive bidding. A102-2007 adopts by reference and is intended for use with A201-2007, General Conditions of the Contract for Construction.

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