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The Construction Cost Contract Plus With GMP in Miami-Dade is a vital legal form crafted for use between contractors and property owners engaging in construction projects. This contract outlines the scope of work, the work site, and the responsibilities of both parties, emphasizing the need for permits and the handling of soil conditions. Key features include provisions for changes to the scope of work through written change orders, detailed payment structures specifying either cost-plus or fixed fee arrangements, and stipulations for warranties concerning workmanship and materials. The contract also addresses late payments and associated fees. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects, as it provides a clear framework for legal expectations and obligations. Users should familiarize themselves with the contract's requirements for documentation and adherence to local regulations to ensure compliance and effective management of construction tasks.
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.
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Construction cost contract plus with gmp in miami dade pdf