Cost Plus Construction Contract With Gmp In Pima
Category:
State:
Multi-State
County:
Pima
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract with GMP in Pima is a legal document that outlines the agreement between a contractor and an owner for a construction project. This contract stipulates that the owner will pay the contractor for the actual cost of materials plus a predetermined fee for services. Key features include a detailed description of the scope of work, the work site, and requirements for permits, soil conditions, and insurance. Additionally, it allows for changes to the project scope through written change orders and specifies payment terms, including penalties for late payments. The contractor's warranty is limited to workmanship defects for one year, while the owner is responsible for any additional site work due to soil conditions. This form is particularly useful for attorneys, partners, and owners who need a clear framework for construction agreements. Paralegals and legal assistants can utilize this form to facilitate the documentation process, ensuring compliance with local regulations. Associates can reference this contract for best practices in negotiating construction terms.
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