Construction Contract Cost Plus With Gmp In Montgomery
Category:
State:
Multi-State
County:
Montgomery
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract Cost Plus With GMP in Montgomery is a comprehensive legal document outlining the agreement between the contractor and the owner for a construction project. It details the scope of work, work site, necessary permits, soil conditions, insurance requirements, and procedures for changes in the scope of work. A key feature of this form is the cost-plus arrangement, where the owner pays the contractor for actual costs incurred plus a predetermined fee. It includes provisions for late payments and warranties, ensuring both parties understand their rights and responsibilities. This contract is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants who require a structured agreement for construction projects. They can use this form to ensure compliance with local regulations and protect against liability issues. The contract allows for flexibility in project adjustments through written Change Orders, catering to changes in scope during construction. Overall, it provides a clear framework for managing expectations and financial obligations throughout the construction process.
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