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Get Dbia Document No. 520 - Standard Form Of Preliminary Agreement ... - Dbia
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How to use or fill out the DBIA Document No. 520 - Standard Form Of Preliminary Agreement online
Filling out the DBIA Document No. 520 is a key step in establishing a preliminary agreement between an owner and a design-builder. This guide provides clear, step-by-step instructions to streamline the process, making it accessible for users of all legal backgrounds.
Follow the steps to successfully complete the DBIA Document No. 520.
- Press the ‘Get Form’ button to obtain the form and open it for editing.
- On the first page, fill in the date when both parties reach a mutual understanding regarding the preliminary agreement.
- Enter the legal name, full address, and business form (e.g., corporation, partnership) of both the Owner and the Design-Builder.
- Specify the Project name and its corresponding location as it will appear in the contract documents.
- For any optional services, attach an exhibit detailing Additional Services as suggested in Section 4.2.2.
- Complete any necessary blanks for the proposed additional sum related to Work Product usage.
- Insert the agreed-upon Contract Price and the method for payments in the designated fields.
- Indicate the contract commencement date and enter the total number of calendar days for the completion of the services.
- Complete further details, such as the interest rate for payments that are overdue and insert any Additional Provisions if applicable.
- Conclude by ensuring both the Owner and Design-Builder execute the agreement and record their signatures, titles, and dates.
- Once all fields are completed, you can save your changes, download, print, or share the filled document as needed.
Start completing your DBIA Document No. 520 online today.
Place the cursor in the box labeled “Right Footer Text.” 6. Click “Insert Bates Number.” The system will default to inserting 6 Digits and start at number one. Click “Ok.” 7. Click “Ok” a second time and the document will now be numbered sequentially.
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