Construction Contract Cost Plus With Gmp In Illinois

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-00462
• Format: Word; Rich Text

Description

The Construction Contract Cost Plus with GMP in Illinois is a legal document outlining the agreement between a contractor and an owner for construction services. This contract specifies the scope of work, which includes all labor and materials needed to complete the project as per the owner's selected plans and specifications. Key features include responsibility for permits, soil conditions, and insurance requirements, ensuring both parties understand their obligations. Filling and editing instructions emphasize clarity, requiring specific details about the work site and changes to the scope to be documented through written change orders. This form is particularly useful for attorneys and legal professionals as it provides a structured way to manage contractual obligations, while owners benefit from clear expectations regarding project costs and timelines. Paralegals and legal assistants can utilize this contract to facilitate communication between the contractor and owner, ensuring all parties adhere to regulatory requirements. Overall, this form serves as an essential tool for parties involved in construction projects, minimizing disputes and clarifying financial responsibilities.