Which document typically details the terms and conditions between the Owner and Contractor?

The Owner-Contractor Agreement is the key document that outlines the specific terms and conditions between the Owner and Contractor. This agreement typically includes important elements such as the scope of work, contract price, payment terms, project timelines, responsibilities of each party, and other legal considerations important for the execution of the project. It serves as the foundational contract that defines the relationship and obligations of both parties involved in the construction process.

While the General Conditions of the Contract provide essential information about the administrative and procedural aspects of the contract, they are usually referenced within the Owner-Contractor Agreement rather than serving as the primary document outlining the full terms. Architectural Drawings are focused on the design and specifications of the project, and Performance Bonds are financial instruments that guarantee contract fulfillment but do not detail the contractual relationship itself. Thus, the Owner-Contractor Agreement stands out as the comprehensive document that establishes the mutual agreements between the Owner and Contractor.