A2512007 provides general conditions for the A1512007, Standard Form Agreement between Owner and Vendor for Furniture, Furnishings and Equipment where the Basis of Payment is a Stipulated Sum.
A2512007 sets forth the duties of the owner, architect, and vendor, just as the A2012007, General Conditions of the Contract for Construction, does for building construction projects. Because the Uniform Commercial Code (UCC) governs the sale of goods and has been adopted in nearly every jurisdiction, A2512007 recognizes the commercial standards set forth in Article 2 of the UCC, and uses certain standard UCC terms and definitions.
A2512007 was renumbered in 2007 and modified, as applicable, to coordinate with A2012007.
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