Cost Plus Construction Contract With Guaranteed Maximum Price In Riverside
Category:
State:
Multi-State
County:
Riverside
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Cost Plus Construction Contract with Guaranteed Maximum Price in Riverside is a legal document that outlines the agreement between a Contractor and an Owner for construction services. This contract allows the Owner to pay the Contractor for the actual costs of materials, along with an agreed-upon fee. Key features include a clear scope of work, defined responsibilities for permits and soil conditions, and provisions for changes to the project that require a written 'Change Order.' The form also specifies insurance requirements, payment timelines, late fees, and warranty terms. It is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants, as it provides a structured framework for negotiating terms and managing financial risks associated with construction projects. Users can adapt the form to fit specific project needs while ensuring compliance with local regulations in Riverside.
Free preview
Form popularity
FAQ
The GMP Budget is the amount the Trustees have budgeted for the construction Contract. The award of a construction contract is contingent upon receiving an actual GMP within the GMP Budget.
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.
