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ARTICLE · 07 JUNE 2022

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What Contractors And Owners Need To Know About Changes To The Industry-Standard Contract

Alexander Holburn Beaudin + Lang LLP
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Known as the CCDC 2 Stipulated Price Contract, it is primarily used where the parties desire a single, predetermined fixed price, or lump sum, for a project. It is widely used in the industry...

CanadaReal Estate and Construction

The Canadian Construction Documents Committee's (CCDC) industry standard prime contract between owners and the general contractors is a well-known document in the construction industry.

Known as the CCDC 2 Stipulated Price Contract, it is primarily used where the parties desire a single, predetermined fixed price, or lump sum, for a project. It is widely used in the industry and, for this reason, any changes to the document are hotly debated and closely followed.

So it was significant when in late 2019, the committee introduced the first update to the CCDC 2 since 2008. As of January 1, the CCDC 2 – 2008 is obsolete, and copyright seals for it will no longer be available from the CCDC.

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