Construction Management Contract With Mis

State:
Multi-State
Control #:
US-02299BG
Format:
Word; 
PDF; 
Rich Text
Instant download

Description

The Construction Management Contract with MIS is a legal document designed to formalize the relationship between a management consultant and a client for construction projects. It outlines the roles and responsibilities of both parties, including detailed construction management services such as design review, bidding, construction supervision, and project close-out processes. The agreement includes clear sections on compensation, reimbursement of expenses, and terms of service, ensuring transparency and mutual understanding. Key features include the establishment of fees, reimbursement terms for expenses, and a solid framework for claims and indemnifications, protecting both parties in case of disputes. This contract is especially useful for attorneys and legal assistants who require a comprehensive understanding of construction law, as well as for owners and partners managing construction projects. It serves as a guideline for ensuring compliance and a clear definition of expectations, essential for successful project management. The form also emphasizes the importance of written notices, modifications, and arbitration, which are crucial for legal clarity and dispute resolution.
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FAQ

What Should a Schedule of Values Include?Project name and number.Name of the prime or general contractor.Application number and date.Work item numbers.Description of work items.Total value of each item.Percentage of work completed.Value of work completed for past and current periods.More items...?

However, the general format to expect will include columns with the following details:The description of each item of work.The total cost for each item.What you've been paid to date on the work, from prior billing periods.The percentage of the work that's been completed.Your costs for the current billing period.More items...?

An order of precedence clause is a term which identifies the order in which the various contract documents are prioritized when resolving a conflict or ambiguity within said contract documents. Not all construction contracts contain such a clause.

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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Construction Management Contract With Mis