Contractor Negotiations / Contract Development
PH&C negotiates the construction contract so the price, scope, and schedule you approved are the terms on the signature page.
A bid is an offer. The contract is the agreement. PH&C negotiates it for the owner so the approved price, the clarified scope, and the committed schedule are what the parties sign.
What PH&C handles
- Selecting a contract form the owner can administer, or working from the owner’s own form.
- Reviewing general conditions, insurance, bonding, retainage, and payment terms.
- Attaching a scope exhibit that states what is included and what is excluded.
- Establishing a schedule of values and a milestone schedule.
- Setting change-order procedures, pricing rules, and markups.
- Addressing delay provisions, liquidated damages, or incentives where the project calls for them.
- Aligning the contract with lender, grant, and tenant requirements.
- Coordinating review by the owner’s attorney.
What you get
- An agreement that matches the deal reached during bidding.
- Clear responsibility for permits, utilities, testing, and site conditions.
- Terms that protect your financing and your tenant commitments.
- A contract that the project team can administer from the first pay application.
How it connects
Negotiation follows bidding and selection and is part of contractor procurement. After signing, administration moves to contract and budget management. If you have a contract draft to review, contact PH&C.
Projects
7 projects
