Construction Cost Contract Plus With Gmp In Hillsborough

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• Category: Construction - Contractors
• County: Hillsborough
• Control #: US-00462
• Format: Word; Rich Text

Description

The Construction Cost Contract Plus with GMP in Hillsborough outlines key terms and conditions between the Contractor and Owner for a construction project. This form specifies the scope of work, including labor and materials necessary to complete the project, as well as the designated work site. Important features include provisions regarding permits, soil conditions, insurance requirements, and the process for making changes to the scope of work via written change orders. The contract allows for a cost-plus fee structure, where the Owner agrees to pay for actual materials plus an additional fee for the Contractor's services, or a fixed fee option. Furthermore, it describes penalties for late payment and provides a warranty for workmanship defects limited to one year. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a structured framework to ensure legal compliance and protect the interests of all parties involved in construction projects.