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METHOD OF COMPENSATION AND SCHEDULE OF VALUES EXHIBIT B Method of Compensation This Exhibit is provided for informational purposes only, to demonstrate the format for the contract Method of Compensation.
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01
Obtain a copy of the ejcdc e-510 standard form.
02
Review the instructions provided with the form to understand the purpose of each section.
03
Fill in the project information, including the name, location, and description.
04
Provide details about the parties involved in the project, such as the owner, architect, and contractor.
05
Include information about the contract sum, payment terms, and schedule.
06
Specify the insurance requirements and any bonds that may be needed.
07
Sign and date the form where indicated to indicate acceptance and agreement.

Who needs ejcdc e-510 standard form?

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Parties involved in construction projects, such as owners, architects, and contractors, may need the ejcdc e-510 standard form to establish the terms and conditions of their agreement.
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The ejcdc e-510 standard form is a standardized document used in construction contracts.
Contractors and subcontractors are typically required to file the ejcdc e-510 standard form.
The ejcdc e-510 standard form can be filled out by providing all the necessary information requested in the document.
The purpose of the ejcdc e-510 standard form is to provide a clear record of all parties involved in a construction project.
Information such as project details, contractor information, subcontractor details, and payment information must be reported on the ejcdc e-510 standard form.
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