A101-2017

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

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A101-2017 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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