Construction Cost Contract Plus With Gmp In Cook
Category:
State:
Multi-State
County:
Cook
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Cost Contract Plus With GMP in Cook is a legally binding agreement between a contractor and an owner for construction projects. This contract outlines the scope of work, including labor and materials, as well as specific details about the project site and any required permits. Key features include the cost structure, offering options for either cost-plus or fixed fee arrangements, which allows flexibility in payment for services provided by the contractor. The contract includes provisions for changing the scope of work, ensuring any modifications are documented via written change orders. Insurance requirements and warranties related to workmanship and materials are also specified, providing security for both parties. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a clear framework for the responsibilities and liabilities associated with a construction project. By utilizing this contract, stakeholders can minimize disputes and ensure compliance with local regulations, ultimately leading to a successful project completion.
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