Construction Contract Cost Plus With Gmp In Queens

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

Description

The Construction Contract Cost Plus with GMP in Queens is a comprehensive agreement between a contractor and an owner for residential construction services. This contract outlines the scope of work, worksite details, required permits, and conditions regarding soil assessment. It stipulates that the contractor shall receive actual costs for materials plus a predetermined fee while ensuring that all changes to the project must be documented via a written change order, which may affect project costs. The contractor is responsible for securing necessary insurance coverage and for procuring a boundary survey and title opinion before construction begins. The form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction projects, as it provides a clear framework for contractual obligations and ease of modifications. Its structure promotes clarity, aiding in understanding the financial responsibilities and rights of both parties. Filling out this contract requires attention to essential details such as project specifics, costs, and relevant terms to mitigate potential disputes during or post-construction.