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Construction Contract for Home - Fixed Fee or Cost Plus

Construction Contract Form With Example In Broward

Q: What is the main contract in construction?

The &#039;main contract&#039; is generally that which is awarded by the client (sometimes referred to as the employer) to the general contractor, or main contractor, whose tender has been accepted.

Category:

Construction - Contractors

State:

Multi-State

County:

Broward

Control #:

US-00462

Format:

Instant download

Description

The Construction Contract form with example in Broward serves as a legally binding agreement between a contractor and an owner for residential construction projects. This form outlines key features such as the scope of work, work site details, permit requirements, insurance coverage, and payment structures including cost-plus and fixed fee options. It also stipulates conditions related to soil assessments and any changes to the original scope through written change orders. Target audiences like attorneys, partners, owners, associates, paralegals, and legal assistants can utilize this form to ensure that all parties are clearly aware of their responsibilities and liabilities, facilitating smooth project management. Filling in the contract requires specifying the project's location, financial details, and any special instructions relating to the site and work to be performed. Editing the form is straightforward and allows for customization per the project's requirements, making it a versatile tool for those engaged in property development in Broward.

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FAQ

The 'main contract' is generally that which is awarded by the client (sometimes referred to as the employer) to the general contractor, or main contractor, whose tender has been accepted.

How To Write A Construction Contract With 7 Steps Step 1: Define the Parties Involved. Step 2: Outline the Scope of Work. Step 3: Establish the Timeline. Step 4: Determine the Payment Terms. Step 5: Include Necessary Legal Clauses. Step 6: Address Change Orders and Modifications. Step 7: Sign and Execute the Contract.

The (), ConsensusDocs, Design Build Institute of America (DBIA) and Engineers Joint Contract Documents Committee publish the most common forms used in the United States, while international projects often use forms available from the International Federation of Consulting Engineers ( ...

Bilateral contracts are agreements in which both parties exchange mutual promises to perform certain obligations, making this type of contract the most common in business transactions.

How to Write a Contractor Agreement Outline Services Provided. The contractor agreement should list all services the contractor will provide. Document Duration of the Work. Specify the duration of the working relationship. Outline Payment Terms. Outline Confidentiality Agreement. Consult with a Lawyer.

To be legally enforceable, an agreement must contain all of the following criteria: An offer and acceptance; Certainty of terms; Consideration; An intention to create legal relations; Capacity of the parties; and, Legality of purpose.