• 9 minutes

Payment Forms and Standard Form Contracts


How money flows in a construction project is extremely important.

How money flows usually dictates if the construction project is a success or a failure. There are multiple ways that an owner can structure a contract with a general contractor in order to pay that contractor. Our speaker reviews the lump sum contract, which is a very commonly used contract; as well as the cost plus a fee, and cost plus a fee with a guaranteed maximum price options.

Runtime: 9 minutes



Seth M. Pasakarnis

Seth M. Pasakarnis

Hinckley, Allen & Snyder LLP

  • Associate in the office of Hinckley, Allen & Snyder LLP
  • Practice emphasizes all aspects of construction industry, including all aspects of construction law, contractual disputes, lien work, bond claims, construction and design defect claims, bid disputes, litigation, dispute resolution, and drafting and negotiating construction contract documents for all types of project delivery
  • Counsels clients on all business aspects of planning, initiating and completing construction-related projects
  • Member of numerous professional organizations
  • J.D. degree, cum laude, Suffolk University Law School; B.S. and M.S. degrees in engineering from Tufts University
  • Can be contacted at [email protected] or 617-378-4416

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