Construction Contract Cost Plus With Guaranteed Maximum Price In Tarrant
Category:
State:
Multi-State
County:
Tarrant
Control #:
US-00462
Format:
Word;
Rich Text
Instant download
Description
The Construction Contract Cost Plus with Guaranteed Maximum Price in Tarrant outlines the agreement between the Contractor and Owner for construction services. This contract provides a clear scope of work, detailing the responsibilities of the Contractor, the work site, and necessary permits. Notably, the cost structure allows the Owner to pay for actual materials plus an agreed-upon fee, integrating flexibility while ensuring a maximum price is guaranteed. Specific provisions address soil conditions, insurance requirements, and the process for making changes to the project. The contract includes clauses for late payment and warranty limitations, offering protections to both parties. This form is particularly useful for attorneys, partners, and paralegals engaged in contractor negotiations, helping them facilitate clear communication and enforceability of agreements. Owners can use it to ensure financial accountability and project oversight, while legal assistants can benefit from the templates to manage documentation effectively.
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FAQ
Intelligent Transportation System (ITS) Construction Engineering Inspection is vital to the success of modern infrastructure projects. As technology continually improves, we find ways to incorporate computer systems into roadways, keeping drivers safer and more informed.
max, or impact testing, is a measurement of the shockattenuation of the playing surface. The test results for gmax are exhibited as a ratio of the acceleration/deceleration that happens during impact to the normal acceleration rate which comes as a result of gravity.
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.
