What Is Ccdc Contract
Ccdc 2 – 1994 Stipulated Price Contract Standard Prime Contract Between Owner and Prime Contractor to Perform the Required Work for a Single, Pre-Determined...
CCDC 2 – 1994 Stipulated Price Contract Standard prime contract between Owner and prime Contractor to perform the required work for a single, pre-determined fixed price or lump sum, regardless of the Contractor’s actual costs.
What are the different CCDC contracts?
Stipulated Price Contract (CCDC 2 – 2008) Master Agreement Between Owner and Contractor (CCDC 2MA – 2016) Cost-Plus Contract (CCDC 3 – 2016) Unit Price Contract (CCDC 4 – 2011)
What is the advantage of using CCDC contracts?
CCDC documents are used in contractual arrangements across the Canadian construction industry. They provide cost savings through balanced standard contract forms, and help to ensure standardization for bidding and contracting procedures.
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