Construction Cost Contract Plus With Guaranteed Maximum Price In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Cost Contract Plus with Guaranteed Maximum Price in Pima is designed for the construction of residential projects, detailing the responsibilities of the Contractor and the Owner. Key features include a defined scope of work, permission for excavation, and requirement for permits, ensuring all necessary regulatory approvals are obtained. The form outlines the Contractor's liability limitations regarding soil conditions and emphasizes that changes to the project scope must be documented through written Change Orders. Payment structures can be based on either cost-plus or fixed fee arrangements, providing flexibility for Owners. Additionally, the contract includes provisions for late payment, warranty conditions, and the necessity for insurance coverage, ensuring comprehensive risk management. For the target audience—Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants—this form serves as a reliable framework to facilitate clear agreements and protect interests in construction projects, promoting transparency and accountability between parties involved.
Free preview
Form popularity
FAQ
Maximum Allowable Construction Area (MACA) “ the combined total of the Maximum Allowable PSO and the Maximum Allowable ISA. Maximum Allowable Unpaved Surface Area (USA) “ portion of the lot that shall remain unpaved and reserved for softscaping/planting.
