Cost Plus Construction Contract With Gmp In Maricopa
Category:
State:
Multi-State
County:
Maricopa
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract with GMP in Maricopa serves as a formal agreement between the Contractor and Owner for a construction project, detailing the scope of work, site conditions, and responsibilities. Key features include provisions for permits, insurance requirements, and the management of changes to the project scope through written Change Orders. This contract explicitly outlines the payment structure, allowing for either a cost plus fee or a fixed fee, ensuring transparency in costs incurred by the Contractor. It also addresses late payments, penalties, and warranty limitations. The form is especially beneficial for attorneys, partners, and owners involved in construction projects, providing a clear framework for managing financial and legal obligations. Paralegals and legal assistants can efficiently utilize this contract to ensure compliance with local regulations and smooth execution of construction plans.
Free preview
Form popularity
FAQ
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.
Series A O/C Agreements. B O/A Agreements. C Other Agreements. D Miscellaneous. E Exhibits. F Facility Management. G Forms.
