A101--2007 Standard Form of Agreement Between Owner and Contractor where the Basis of Payment is a Stipulated Sum

A101–2007 Standard Form of Agreement Between Owner and Contractor where the Basis of Payment is a Stipulated Sum- A101–2007 is a standard form of agreement between owner and contractor for use where the basis of payment is a stipulated sum (fixed price). A101 adopts by reference, and is designed for use with, A201–2007, General Conditions of the Contract for Construction. A101 is suitable for large or complex projects. For projects of a more limited scope use of A107–2007, Agreement Between Owner and Contractor for a Project of Limited Scope, should be considered. For even smaller projects, consider A105–2007, Agreement Between Owner and Contractor for a Residential or Small Commercial Project.

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