Home Fee Cost Plus Contract With Gmp In Miami-Dade
Category:
State:
Multi-State
County:
Miami-Dade
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Home fee cost plus contract with GMP in Miami-Dade serves as a crucial legal document outlining the agreement between a contractor and an owner for residential construction projects. This form specifies the scope of work, work site location, and responsibilities for permits and insurance. Key features include the contractor's obligation to complete the project as per the owner's specifications and manage insurance risks. The contract allows for changes to the scope of work through written change orders, with provisions detailing how adjustments in cost are handled. Utility of this document extends to various professionals including attorneys, partners, owners, associates, paralegals, and legal assistants, enabling them to ensure compliance with local regulations and best practices. Filling and editing instructions highlight the necessity of clarity in specifying project details and costs, enhancing understanding for all parties involved. Clear language and defined responsibilities support the effective communication necessary for successful project completion.
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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.
