Thursday, June 11, 2009

New Federal Stimulus Subcontract Front End

Yesterday the Associated General Contractors of America and its affiliated construction industry organizations which together publish the ConsensusDOC series of construction contract forms released the new ConsensusDOC 752-Subcontract For Federal Government Construction Projects. This form document is designed to include in the subcontract all the provisions needed to comply with current Federal acquisition Regulations, according to ACGOA. If your business plans to perform work on any of the stimulus funded projects that come along this summer, you and your lawyer should get familiar with this new document right away, as you will be seeing a lot of it, even from other general and trade contractors with which you have done business in the past, and whose forms you think you already know.
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