Construction Fee Plus Form For Maintenance Fee In Georgia
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Description
The Construction Fee Plus Form for Maintenance Fee in Georgia is an essential document for contractors and owners entering into a construction agreement. This form outlines the responsibilities of both parties, including the scope of work, work site details, permitting requirements, and insurance needs. Key features include options for payment based on cost-plus or fixed fee arrangements, allowing the owner to choose a payment structure that suits their project. Users must complete specific sections regarding project descriptions, payment terms, and necessary changes to the scope of work. Additionally, the form highlights late payment penalties and warranty conditions, providing clarity on obligations after project completion. The document is particularly useful for attorneys, paralegals, and legal assistants in guiding clients through construction contracts, while owners benefit from understanding their financial responsibilities and contractor obligations. By using this form, all parties ensure a legally binding agreement that protects their interests and clarifies the project's financial structure.
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FAQ
Most people are aware of the term General Contractor (GC). The GC is the main contractor who is responsible for the day-to-day oversight of a construction site and hiring of the subcontractors and suppliers for a project.
The general conditions are an integral part of the contract for construction for a large project and they are incorporated by reference into the owner/contractor agreement. They set forth the rights, responsibilities, and relationships of the owner, contractor, and architect.
An example of General Conditions would be if the overall project duration is 12 months, personnel costs for a superintendent, project manager and other management personnel then can be estimated.
