Construction Cost Contract Plus With Gmp In San Antonio
Category:
State:
Multi-State
City:
San Antonio
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Cost Contract Plus with GMP in San Antonio outlines the agreement between the Contractor and Owner for the construction of a project detailed in agreed-upon plans and specifications. Key features include defining the scope of work, identifying the work site, and detailing the permits required. The contract specifies that the Owner is responsible for soil conditions and any additional site work, while the Contractor must maintain essential insurance coverage. Changes to the project can be initiated by the Owner but require written Change Orders, with costs being the Owner's responsibility. The payment structure allows for a cost-plus or fixed fee arrangement, detailing late payment penalties and warranty limitations. This form is useful for Attorneys, Partners, Owners, Associates, Paralegals, and Legal Assistants as it establishes clear obligations and liabilities, aiding in legal compliance and risk management during construction projects.
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