EJCDC CMA-520: Agreement between Owner and Contractor for Construction Contract (Stipulated Price) (2021)

EJCDC® CMA‑520 is specifically intended for stipulated
price (fixed price) contracts—that is, contracts in which Owner and Contractor
identify specific lump sums and unit prices as Contractor’s compensation for
performing the Work. For construction contracts in which the Contract Price is
primarily based on costs incurred during construction, users should select EJCDC® CMA‑525,
Agreement between Owner and Contractor for Construction Contract
(Cost-Plus-Fee)—Construction Manager as Advisor Series (2021).