Building Plan With Construction In Franklin
Category:
State:
Multi-State
County:
Franklin
Control #:
US-00427-AZ
Format:
Word;
Rich Text
Instant download
Description
The Building Plan with Construction in Franklin form is a comprehensive bid document tailored for construction projects within the Franklin area. It facilitates the agreement between the contractor and the owner, detailing crucial elements such as the project description, contract price, and payment terms. Key features include provisions for initial and final payments, progress payments with retention percentages, and guidelines for subcontracting. Users must complete and sign multiple copies of the form; the owner accepts the proposal by returning one signed copy before the specified termination date. This form also outlines essential timelines, warranties, professional fees, and insurance obligations. For attorneys, partners, owners, associates, paralegals, and legal assistants, the form serves as a critical tool for ensuring legally binding agreements while providing clarity on all responsibilities and rights involved in construction projects. It is instrumental in mitigating disputes by clearly outlining conditions for payments and the processes for dealing with delays or issues that may arise.
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