Construction Cost Contract Plus With Guaranteed Maximum Price In Arizona
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Description
The Construction Cost Contract Plus With Guaranteed Maximum Price in Arizona is a legal document that outlines the agreement between a contractor and an owner for the construction of a residential project. Key features include a detailed scope of work, specification of the work site, and the requirement for permits. The contractor is responsible for maintaining insurance and providing written specifications for any necessary additional site work due to soil conditions. The contract allows for changes to the scope of work through written change orders, with the owner agreeing to cover additional costs. Payment structures can be cost-plus or fixed fee, and provisions for late payments and a warranty for workmanship defects are included. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects, as it provides a clear framework for responsibilities, costs, and legal protections, facilitating business transactions and ensuring compliance with local regulations.
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max, or impact testing, is a measurement of the shockattenuation of the playing surface. The test results for gmax are exhibited as a ratio of the acceleration/deceleration that happens during impact to the normal acceleration rate which comes as a result of gravity.
Intelligent Transportation System (ITS) Construction Engineering Inspection is vital to the success of modern infrastructure projects. As technology continually improves, we find ways to incorporate computer systems into roadways, keeping drivers safer and more informed.
The GMP Budget is the amount the Trustees have budgeted for the construction Contract. The award of a construction contract is contingent upon receiving an actual GMP within the GMP Budget.
