THE NEW STANDARD STIPULATED PRICE CONTRACT FORM CCDC 2 -2020

After June 30, 2022 the construction industry will only be able to purchase the 2020 updated version of the CCDC 2 Stipulated Price contract. The older 2008 version is being phased out. This training opportunity is therefore important for all contractors to get educated on the changes to the CCDC 2 contract and the differences between the 2008 and 2020 version.

Description

In late 2020, the Canadian Construction Documents Committee (CCDC) released an updated version of the CCDC 2 Stipulated Price Contract, the industry standard prime contract utilized across Canada between an owner and a prime contractor, replacing the prior 2008 edition.

While the vast majority of the 2008 concepts and language have been preserved, there are several important differences and updates in the 2020 edition. The most significant changes include the introduction of the new “Ready-for-Takeover” project milestone, the alignment of the payment process and terms with provincial prompt payment legislation, the recognition of adjudication as an optional interim dispute resolution process, the potential for early occupancy of the Work by the Owner, and the relocation of some provisions in Division 1 of the specifications.

This presentation will cover:

  • What’s changed in the CCDC 2, with a close look at the new Ready-for-Takeover milestone as well as some other key changes;
  • What’s stayed the same in the CCDC 2;
  • What provisions can be used for pandemic relief;
  • How has provincial prompt payment legislation impacted CCDC 2.

As part of your registration, you will receive a PDF copy of CCDC 2 – 2020 watermarked “Education Only”.

Intended Audience

Everyone on a building project should know the features of the standard prime contract as it typically flows down the contract chain.  Including: Owners, Consultants, General Contractors, Subcontractors and Suppliers. 

Speaker

Michael Atkinson Past President CCA

Michael Atkinson served the CCA and the industry for 37 years initially as the Secretary to the Canadian Construction Documents Committee (CCDC) and rising to become President of CCA. He emerged as a leading specialist in the area of contracts, tendering and standard construction practices in Canada.

Michael served as the Private Sector Vice-Chair of the Municipal Infrastructure Forum established by the Federation of Canadian Municipalities. He was a member of the Federal-Industry Real Property Advisory Council, the Editorial Advisory Board of the Daily Commercial News, the Industrial Security Advisory Board, the Construction Law Section of the Canadian Bar Association, and the Law Society of Upper Canada.