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Construction Contract for Home - Fixed Fee or Cost Plus

Construction Cost Contract Plus With Guaranteed Maximum Price In San Diego

Q: What is the maximum allowable construction area?

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.

Category:

Construction - Contractors

State:

Multi-State

County:

San Diego

Control #:

US-00462

Format:

Instant download

Description

The Construction Cost Contract Plus with Guaranteed Maximum Price in San Diego outlines the contractual agreement between a Contractor and an Owner for the construction of a residential project. Key features include the scope of work, work site description, permit responsibilities, and provisions for soil conditions. The contract stipulates insurance requirements and mandates that Owners provide necessary surveys and title opinions before construction starts. It allows Owners to make changes to the project, which must be documented through written Change Orders, affecting the overall project cost. The contractor's compensation is structured either as cost plus or fixed fee, specifying payment terms clearly. Late payment terms include a charge for overdue payments and the owner's responsibility for collection costs. The contract also contains a limited warranty regarding workmanship that lasts one year. This form is particularly useful for attorneys, partners, owners, associates, paralegals, and legal assistants involved in construction project management, ensuring clarity in contractor obligations and cost control measures.

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Form popularity

FAQ

One of the biggest benefits of the Construction Manager-at-Risk (CM-R) delivery method is the development of a working partnership between the Owner, design team, and contractor. Typically, with the CM-R process, the contractor will be hired during the design phase shortly after an architect has been selected.

They work closely with project managers, health and safety teams, human resources and legal teams. Risk managers create policies to protect assets and minimise accidents, mistakes, budget loss or public liability.

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.