The most used form agreements between prime or general contractors (GC) and subcontractors are the AIA A401 and the ConsensusDocs 750, and with good reason. Both are more likely to yield terms and conditions that are favorable to a subcontractor. MCAA’s Comparison of Industry Standard Form Agreements Between GCs and Subcontractors highlights the similarities and differences between these form subcontracts to help you decide which is right for your next project. It’s just one of MCAA’s educational resources that are free to MCAA members as a benefit of membership.
The bulletin compares provisions related to:
- The subcontract documents
- Scope of work/code compliance
- Progress payments
- Payment for stored materials
- Retainage
- Final payment
- Interest on late payments
- Changes in the work
- Schedule/delay damages
- Warranty
- Indemnification
- GC bonds
- Dispute resolution
- Consequential damages
- Temporary facilities
- Information regarding the owner’s ability to pay
- Liens
The Managing Killer Contract Clauses (CT9) bulletin referenced in this bulletin is available here.
For a full list of available Management Methods Bulletins, visit the Management Methods Bulletins page.
Have Questions or Need Personal Assistance?
Contact MCAA’s Frank Wall.
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