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Construction Contract for Home - Fixed Fee or Cost Plus

Construction Cost Contract Plus With Guaranteed Maximum Price In Dallas

Q: What is the maximum allowable construction area?

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.

Category:

Construction - Contractors

State:

Multi-State

County:

Dallas

Control #:

US-00462

Format:

Instant download

Description

The Construction Cost Contract Plus With Guaranteed Maximum Price in Dallas is designed to facilitate agreements between contractors and owners for building residential projects. It outlines the scope of work, detailing the labor and materials required, and specifies the project location. The contract emphasizes the importance of obtaining necessary permits and outlines the responsibilities regarding soil conditions, ensuring clarity on who bears the costs for any additional site work required. It also mandates insurance coverage for the contractor to mitigate potential risks. Changes to the project scope can be made through a written Change Order, allowing for flexibility while ensuring cost transparency for the owner. Payment terms detail two options: cost-plus or fixed fee, clearly stating the payment structure. Furthermore, the contract includes provisions for late payments and defaults, along with a warranty limited to workmanship defects. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a clear legal framework for construction agreements, minimizing disputes and ensuring all parties understand their rights and responsibilities.

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FAQ

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.

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.

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.

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.