Construction Cost Contract Plus With Gmp In Queens
Category:
State:
Multi-State
County:
Queens
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Cost Contract Plus with GMP in Queens is designed to facilitate agreements between contractors and owners for construction projects. It outlines the scope of work, work site specifications, necessary permits, and insurance requirements, ensuring clarity in the contractor's responsibilities. The contract emphasizes the need for a boundary survey and title opinion before construction begins. It allows for changes to the project scope through written change orders, which affect project costs. The contract provides for a cost-plus payment structure, specifying how payments will be made based on actual costs or a fixed fee. It also includes provisions for late payment charges and warranties on workmanship, protecting both parties' interests. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in real estate and construction law, as it standardizes contract terms and offers clear guidelines for project management.
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