Home Fee Cost Plus Contract With Gmp In San Diego

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

Description

The Home fee cost plus contract with gmp in San Diego is designed for construction projects where the owner agrees to compensate the contractor for actual construction costs along with a fixed fee for services. This contract outlines the scope of work, including the specifications and location of the project, while also addressing permits, soil conditions, insurance requirements, and necessary surveys. Owners can initiate changes through written change orders, with agreement on any cost increases due to such modifications. The contract specifies payment terms and includes a late payment clause, ensuring that the contractor receives timely compensation. The contractor's warranty is limited to defects in workmanship for a year, providing protection for the owner regarding quality issues. This form is invaluable for attorneys, partners, owners, associates, paralegals, and legal assistants involved in residential construction projects, addressing their need for clarity and compliance with local regulations. With comprehensive instructions for filling and managing changes, it facilitates smooth communication between parties while safeguarding interests in a cost-effective manner.