Construction · Defined
Prime contract
An agreement directly between the owner and a contractor for specified project work.
Why it matters
A project may have one general contractor or multiple prime contracts. Reconcile the relevant agreement to the scope and payment application being reviewed. Each payment request should identify the contract and approved adjustments against which it is billed.
In practice
A project example
The owner contracts separately for site work and building construction.
General educational guidance from KOW Building Consultants. Examples are illustrative, not project records. The applicable contract, standard, program, and jurisdiction control the requirements for a specific assignment.