Contract Management Agreement For Construction

State:
Multi-State
Control #:
US-01638BG
Format:
Word; 
Rich Text
Instant download

Description

This form is a generic example that may be referred to when preparing such a form for your particular state. It is for illustrative purposes only. Local laws should be consulted to determine any specific requirements for such a form in a particular jurisdiction.

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FAQ

A construction management contract is a legally binding agreement between the project owner (referred to as principal) and the commercial building contractors where the manager is charged with the responsibility of engaging with the sub-contractors and supervising the construction while providing the owner with a

Elements of a Construction ContractName of contractor and contact information.Name of homeowner and contact information.Describe property in legal terms.List attachments to the contract.The cost.Failure of homeowner to obtain financing.Description of the work and the completion date.Right to stop the project.More items...

A project delivery method in which the owner retains a construction manager to supplement its own development staff. Their agreement describes the scope of services provided, which can be during the planning and design (pre-construction) phase or the construction phase, or both.

The 4 Different Types of Construction ContractsLump Sum Contract. A lump sum contract sets one determined price for all work done for the project.Unit Price Contract.Cost Plus Contract.Time and Materials Contract.

What Should Be in a Construction Contract?Identifying/Contact Information.Title and Description of the Project.Projected Timeline and Completion Date.Cost Estimate and Payment Schedule.Stop-Work Clause and Stop-Payment Clause.Act of God Clause.Change Order Agreement.Warranty.More items...

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Contract Management Agreement For Construction