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Abbreviated Standard Form of Agreement between Owner Lawrencehistorycenter

Abbreviated Standard Form of Agreement between Owner Lawrencehistorycenter

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This video will discuss the basic essentials of an owner contractor agreement there are basically three types of agreements we have contractor proposals we have short form agreements, and we have standard form agreements the contractor proposal is prepared by the contractor, and it's to be used when the project is relatively small and relatively inexpensive so if you have a project that is simple in nature and let's say under $50,000 and the contractor is going to be performing basically one service he's going to be installing plumbing, or he's going to be doing masonry work, or he's a drywall her that's going to be framing a room and doing the drywall that type of situation a contractor proposal might be appropriate you have to remember that a contractor proposal being prepared by the contractor is going to be heavily biased in favor of the contractor in that you the owner, so you want to only you know limit the use of that type of agreement form the proposal for these small projects

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