Construction Contract Cost Plus With Guaranteed Maximum Price In Dallas
Category:
State:
Multi-State
County:
Dallas
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract Cost Plus With Guaranteed Maximum Price in Dallas is a legal document outlining the terms under which a contractor agrees to provide labor and materials for a construction project at a specified work site owned by the owner. Key features of this form include a detailed scope of work, responsibilities for obtaining necessary permits, and conditions related to soil assessments. It includes provisions for changes in the scope of work, a contractor’s fee structure, and late payment terms. The form allows for flexibility with a cost-plus pricing model and a guaranteed maximum price, ensuring the owner has a clear understanding of potential costs. This contract is particularly beneficial for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in the construction industry as it provides a structured agreement, minimizes disputes, and clearly delineates responsibilities regarding project execution. Filling and editing instructions emphasize clarity, ensuring all parties accurately complete essential sections regarding project specifications and payment terms.
Free preview
Form popularity
FAQ
Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and “Minimum Contract Value “means 10% of the Maximum Contract Value.
Maximum Allowable Construction Area (MACA) “ the combined total of the Maximum Allowable PSO and the Maximum Allowable ISA. Maximum Allowable Unpaved Surface Area (USA) “ portion of the lot that shall remain unpaved and reserved for softscaping/planting.
Maximum Contract Value means the amount specified in the "Limitation of Expenditure" clause set out in the Contract; and “Minimum Contract Value “means 10% of the Maximum Contract Value.
