What is the primary role of the "Owner-Contractor Agreement"?

The primary role of the "Owner-Contractor Agreement" is to detail the terms and conditions of the relationship between the owner and the contractor. This agreement serves as a foundational document that outlines the rights and responsibilities of both parties involved in a construction project. It typically includes provisions regarding the scope of work, payment terms, timelines, changes to the project, dispute resolution processes, and other critical elements that govern the contractual relationship.

This comprehensive approach ensures that both the owner and the contractor have a clear understanding of their commitments and obligations, which helps to minimize the potential for misunderstandings and disputes during the project.

In contrast, focusing solely on the payment schedule, establishing a marketing strategy, or specifying equipment requirements are secondary aspects that may be addressed elsewhere but do not capture the full scope of the relationship as intended by the Owner-Contractor Agreement.