Once the various elements of a construction project are in place\u2014the budget and timeline have been approved, the contractor selected, and work permits obtained\u2014the remaining step is for the building owner and the contractor to sign an agreement so the work can begin. It\u2019s here that the project can get delayed by drawn-out negotiations between the parties.<\/p>\n
In RAND\u2019s<\/span> Ask Our Experts<\/span><\/a> video series, R<\/span>AND President Stephen A. Varone, AIA discusses how to get an owner-contractor agreement<\/a> done in an effective and efficient manner including using an industry-standard contract and which items should be added to protect the owner\u2019s interest.<\/span><\/p>\n