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A Project Labor Agreement (PLA), also known as a Community Workforce Agreement, [1] is a pre-hire collective bargaining agreement with one or more labor unions that establishes the terms and conditions of employment for a specific construction project. [2] Before any workers are hired on the project, construction unions have bargaining rights ...
Requiring project labor agreements on federal construction projects. Executive Order 14063, officially titled Use of Project Labor Agreements for Federal Construction Projects, was signed on February 4, 2022 and is the 79th executive order signed by U.S. President Joe Biden. The telos of the order is to require project labor agreements on ...
A lump sum contract in construction is one type of construction contract, sometimes referred to as stipulated-sum, where a single price is quoted for an entire project based on plans and specifications and covers the entire project and the owner knows exactly how much the work will cost in advance. [1] This type of contract requires a full and ...
Statement of work. A statement of work (SOW) is a document routinely employed in the field of project management. It is the narrative description of a project's work requirement. [1]: 426 It defines project-specific activities, deliverables and timelines for a vendor providing services to the client. The SOW typically also includes detailed ...
Construction contract. A construction contract is a mutual or legally binding agreement between two parties based on policies and conditions recorded in document form. The two parties involved are one or more property owners and one or more contractors. The owner, often referred to as the 'employer' or the 'client', [1] has full authority to ...
Project agreement (Canada) A project agreement is an agreement between the owner/developer of a construction project and the construction trade unions that will perform that construction work. A project agreement modifies the terms of otherwise applicable construction collective agreements for purposes of a specific construction project or a ...