The price stated in the owner-contractor agreement, which is the total amount payable by the owner to the contractor for the performance of the work, 1 under the contract documents; can be adjusted only by a change order.
contract sum
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 | deduction |
| changes in the work |
| negotiated contract |
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 | Architecture. McGraw-Hill Dictionary of Architecture and Construction. Copyright © 2003 by McGraw-Hill Companies, Inc. All rights reserved. Read more |
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