Contract Cost Plus Form With Gmp In Maricopa

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

Description

The Contract Cost Plus Form with GMP in Maricopa is designed for use in construction contracts where the contractor is reimbursed for actual costs plus a guaranteed maximum price (GMP). This form outlines key elements such as the scope of work, work site, permits, and conditions related to soil and insurance. Users must ensure that they specify changes to the project through written 'Change Orders' and be aware of the implications of late payments, including applicable fees. The form also details the contractor's fee structure, allowing for flexibility in billing through either cost-plus or fixed fee arrangements. By leveraging this form, attorneys, partners, owners, associates, paralegals, and legal assistants can streamline the documentation process for construction projects, ensuring clarity in responsibilities and protections for both parties involved. It is essential to follow editing instructions diligently and provide accurate information for successful completion and enforcement of the contract.