Contract Cost Plus Form With Gmp In Broward
Category:
State:
Multi-State
County:
Broward
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Contract Cost Plus Form with GMP in Broward is designed for agreements between contractors and property owners to outline the scope of work, payment structure, and responsibilities involved in construction projects. This form includes key sections such as the scope of work, work site specifications, permits, and conditions related to soil and insurance requirements. It allows for adjustments in the contract through written Change Orders, ensuring that any changes in project scope are documented and approved. The payment structure offers flexibility, accommodating both cost-plus and fixed fee arrangements to suit the financial preferences of the owner. Target users, including attorneys, partners, owners, associates, paralegals, and legal assistants, will find this form valuable for managing construction agreements effectively. It promotes clarity in the obligations of both parties and safeguards against potential disputes regarding payments or project modifications. Legal professionals can utilize this form to ensure compliance with local regulations and uphold the interests of their clients throughout the construction process.
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FAQ
It's surprisingly easy to safeguard yourself so you you can get on with your project with confidence. Find out how long the company has been in business. Check references. Really. Negotiate payment terms. Protect Yourself. Understand the scope of work before you sign a contract.
Protect Yourself when Working with Custom Home Builders Only work with a licensed contractor. Get the contract in writing. Avoid “lump sum” bids. Talk to several contractors. Tie payments to deliverables. Get proof of payment to suppliers.
