A102–2007 (formerly A111–1997), Standard Form of Agreement Between Owner and Contractor where the basis of payment is the Cost of the Work Plus a Fee with a Guaranteed Maximum Price

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This standard form of agreement between owner and contractor is appropriate for use on large projects requiring a guaranteed maximum price, when the basis of payment to the contractor is the cost of the work plus a fee. AIA Document A102ℒ–2007 is not intended for use in competitive bidding. AIA Document A102–2007 adopts by reference and is intended for use with AIA Document A201ℒ–2007, General Conditions of the Contract for Construction. NOTE: A102–2007 replaces AIA Document A111ℒ–1997 (expired May 31, 2009).