A written document between the owner and the contractor signed by the owner and the contractor authorizing a change in the work or an adjustment in the contract sum or the contract time. A change order may be signed by the architect or engineer, provided they have written authority from the owner for such procedure and that a copy of such written authority is furnished to the contractor upon request. The contract sum and the contract time may be changed only by change order. A change order may be in the form of additional compensation or time; or less compensation or time known as a Deduction (from the contract) the amount deducted from the contract sum by change order.
Change Order Proposal
A change order proposal is the written document before it has been approved and effected by the Contractor and Owner. A change order proposal can be issued by either the contractor or the owner. The change order proposal becomes a change order only after it has been approved and effected by the Contractor and Owner.
Change Order Request
A written document issued by the owner requesting an adjustment to the contract sum or an extension of the contract time; generally issued by the architect or owners representative.
All drawings, specifications and addenda associated with a specific construction project.
To assemble and combine construction materials and methods to make a structure.
The act or process of constructing.
1. The direct contractor costs for labor, material, equipment, and services; contractors overhead and profit; and other direct construction costs. Construction cost does not include the compensation paid to the architect and engineer and consultants, the cost of the land, rights-of-way or other costs which are defined in the contract documents as being the responsibility of the owner.
A term used to represent all drawings, specifications, addenda, other pertinent construction information associated with the construction of a specific project.
Organizing and directing men, materials, and equipment to accomplish the purpose of the designer.
1. An agreement between two or more parties, especially one that is written and enforceable by law
2. The writing or document containing such an agreement.
A written form of security from a surety company, on behalf of an acceptable prime or main contractor or subcontractor, guaranteeing complete execution of the contract and all supplemental agreements pertaining thereto and for the payment of all legal debts pertaining to the construction of the project.
Contract Payment Bond
A written form of security from a surety company to the owner, on behalf of an acceptable prime or main contractor or subcontractor, guaranteeing payment to all persons providing labor, materials, equipment, or services in accordance with the contract.
Contract Performance Bond
A written form of security from a surety company to the owner, on behalf of an acceptable prime or main contractor or subcontractor, guaranteeing the completion of the work in accordance with the terms of the contract.
The liability assumed by a party under a contract.
A properly licensed individual of company that agrees to furnish labor, materials, equipment and associated services to perform the work as specified for a specified price.
A written provision in the contract documents giving the contractor the option of selecting certain specified materials, methods or systems without changing in the contract sum.
An official representative of the owner with specific authority to act in his behalf in connection with a specific project.