Document A113™–2022 is an owner/contractor agreement that is intended to be used for a single family residential remodeling project. A113 does not include design phases or construction administration services provided by a third-party architect.
Billing, officially referred to as payment application documents, is a standardized billing requirement used in the construction industry. It is an invoice process used by construction companies to identify the scope of work and payment for a project.
Document G704®–2017 is a standard form for recording the date of substantial completion of the work or a designated portion thereof. The contractor prepares a list of items to be completed or corrected following substantial completion, and the architect verifies and amends this list.
The () creates over 200 contract templates used throughout the construction and architectural industries. These contracts are popular because they reflect the industry consensus on terms and procedures.
The major difference between lump sum and EPC is that, in EPC the contractor has the responsibility of design and construction. b. Where as in lump sum contract the design and drawings are prepared by the technical team of the owner.