Fixed Fee For In Michigan

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

Description

The Construction Contract is a vital document in Michigan outlining the agreement between the Contractor and Owner regarding a construction project. This form allows for a Fixed fee for the services, providing clarity on the total cost agreed upon by both parties. Users will benefit from detailed sections including the scope of work, permits, and insurance requirements, which ensures that all expectations are clearly defined from the outset. The form emphasizes the importance of written Change Orders for any modifications made during the construction process, preventing disputes over costs. Additionally, it addresses late payment penalties, ensuring timely transactions. Filling out this form is straightforward, as users only need to specify the contract details, including the fixed fee amount and payment terms. This form is particularly useful for attorneys, partners, owners, and legal assistants involved in construction law, providing a structured approach to managing construction agreements and minimizing legal risks. Paralegals and associates may also find it beneficial as a reference for drafting similar contracts.