Construction Contract For The Project In Philadelphia

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

Description

The Construction Contract for the project in Philadelphia serves as a formal agreement between the Contractor and the Owner, detailing the scope of work, payment structure, and responsibilities. Key features include a clearly defined scope of work based on plans provided by the Owner, provisions for obtaining necessary permits, and stipulations regarding soil conditions at the Work Site. The contract outlines insurance requirements, including liability and worker's compensation, and mandates that the Owner provide necessary surveys and title opinions before construction begins. Owners have the flexibility to make changes to the project's scope, which must be documented via written Change Orders, with adjustments to costs clearly articulated. The contract specifies payment terms, including options for a cost-plus or fixed fee arrangement, along with penalties for late payment. Additionally, the warranty section limits the Contractor's liability to defects in workmanship identified within one year. This form is particularly valuable for attorneys, partners, owners, associates, paralegals, and legal assistants as it provides a structured framework to ensure compliance with legal standards while mitigating risk and clarifying roles and responsibilities in construction projects.