Contract Cost Plus Agreement With Gmp In Santa Clara

State:
Multi-State
County:
Santa Clara
Control #:
US-00462
Format:
Word; 
Rich Text
Instant download

Description

The Contract Cost Plus Agreement with GMP (Guaranteed Maximum Price) in Santa Clara is designed for construction projects where the owner pays the contractor the actual costs plus a set fee. This agreement outlines the scope of work, allowing the contractor to outline labor and material contributions for the specified project. It emphasizes the contractor's responsibility for obtaining necessary permits and maintaining liability insurance. Changes to the project scope can be initiated by the owner through written change orders, with the owner agreeing to absorb any resultant cost increases. The contract stipulates a late payment clause and a warranty on workmanship for one year, assuring the owner of quality and recourse for defects. The form is vital for attorneys, partners, owners, associates, paralegals, and legal assistants engaged in construction law, as it lays the foundation for client agreements regarding cost structure and project management. Users will find it essential for ensuring compliance with legal requirements and protecting their interests throughout the construction process.
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  • Preview Construction Contract for Home - Fixed Fee or Cost Plus
  • Preview Construction Contract for Home - Fixed Fee or Cost Plus

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FAQ

Series A O/C Agreements. B O/A Agreements. C Other Agreements. D Miscellaneous. E Exhibits. F Facility Management. G Forms.

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Contract Cost Plus Agreement With Gmp In Santa Clara