Resource
EJCDC® CMA‑525 is specifically intended for
cost-plus-fee contracts (commonly referred to by the shortened term “cost
plus”)—that is, contracts in which Owner agrees to compensate Contractor based
on the cost of performing the Work, and also pay the Contractor a fee. For
construction contracts in which the Contract Price is primarily based on a
stipulated price (lump sum), or a mix of stipulated prices and unit prices,
users should select EJCDC® CMA‑520, Agreement between Owner and Contractor
for Construction Contract (Stipulated Price)—Construction Manager as Advisor
Series (2021).