CCDC 2 – Stipulated Price Contract is the industry standard prime contract between Owner and prime Contractor. This contract establishes a single, pre-determined fixed price, or lump sum, for the project.
The contract outlines the high-level administrative requirements and procedures needed for construction projects, including the role and authority of the consultant, procedures for changes in the work, work by other contractors, insurance requirements, prerequisites for Ready-for-Takeover, dispute resolution procedures, early occupancy by the Owner, and more.
Operating on the basis of a stipulated price, the CCDC 2 assumes monthly progress payments and makes reference to provincial payment legislations where applicable.
The CCDC 2 contains the following sections:
Users of the CCDC 2 should also acquaint themselves with the CCDC Master Specification for Division 01 ‘General Requirements’ as a companion document.
* Available in electronic format only.
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The legislation of the applicable province will set out who can take affidavits and declarations. In Ontario for example, the Commissioners for Taking Affidavits Act, states who can take affidavits and declarations. Some individuals by virtue of their office are automatically entitled to do so. This includes provincial judges and Members of the Legislative Assembly, lawyers entitled to practise in the Province, and municipal councillors to name a few. The Attorney General can also appoint Commissioners pursuant to this Act, which is typically the Commissioners of Oaths present in construction associations. They will have stamps and certificates to prove their standing.
What is the document?
CCDC 2 – Stipulated Price Contract is the industry standard prime contract between Owner and prime Contractor. This contract establishes a single, pre-determined fixed price, or lump sum, for the project.
The contract outlines the high-level administrative requirements and procedures needed for construction projects, including the role and authority of the consultant, procedures for changes in the work, work by other contractors, insurance requirements, prerequisites for Ready-for-Takeover, dispute resolution procedures, early occupancy by the Owner, and more.
Operating on the basis of a stipulated price, the CCDC 2 assumes monthly progress payments and makes reference to provincial payment legislations where applicable.
The CCDC 2 contains the following sections:
Users of the CCDC 2 should also acquaint themselves with the CCDC Master Specification for Division 01 ‘General Requirements’ as a companion document.
* Available in electronic format only.