Cost Plus Construction Contract With Gmp In Washington
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Description
The Cost Plus Construction Contract with GMP in Washington is a legal form designed for construction projects where costs may fluctuate. Key features include a defined scope of work, clear responsibilities regarding permits, and provisions related to soil conditions and insurance coverage. The contract allows the owner to request changes through written change orders, specifying that any cost increases resulting from these changes are the owner's responsibility. It also establishes a contractor's fee based on actual costs plus a specified sum, providing transparency in cost management. For utilities, the form assists attorneys, partners, owners, associates, paralegals, and legal assistants in ensuring compliance with state-specific regulations. By outlining core responsibilities and liabilities, users can mitigate potential disputes related to project execution and finances. Moreover, the clear structure and straightforward language make it accessible for individuals with limited legal knowledge, ensuring all parties understand their obligations and rights throughout the construction process.
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