A102™–2007- Standard Form of Agreement Between Owner and Contractor where the Basis of Payment is the Cost of the Work P
A102™–2007 (formerly A111™–1997) 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-- 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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