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The Contractor shall receive Government property and document the receipt, record the information necessary to meet the record requirements of paragraph (f)(1)(iii)(A)(1) through (5) of this clause, identify as Government owned in a manner appropriate to the type of property (e.g., stamp, tag, mark, or other
The McNamara-O'Hara Service Contract Act (SCA) covers prime contracts of over $2,500 entered into by the federal government and the District of Columbia in which the principal purpose of the contract is to furnish services in the U.S. through the use of service employees.
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...
CIAP Document 102 features the industry's usages, customs, and best practices to enhance fair contractual relationships in the constrcution industry. It aims to provide the procedures, guidelines, and criteria to be used by parties in a Construction Contract.
General conditions are an integral part of the construction contract. They consist of items and resources needed for project completion that will not be part of the finished product that is turned over to the owner.
The McNamara-O'Hara Service Contract Act requires contractors and subcontractors performing services on prime contracts in excess of $2,500 to pay service employees in various classes no less than the wage rates and fringe benefits found prevailing in the locality, or the rates (including prospective increases)
The Service Contract Act, also referred to as the McNamara-O'Hara Service Contract Act (SCA), is a federal statute which controls the aspect of service contracts entered into between individuals or companies and the federal government, including the District of Columbia, for the contractors to engage service employees
If the work is performed by a subcontractor, the prime contractor's overhead and profit shall not exceed 5%.
The intent of the Contract is to include all labor, materials, equipment and transportation necessary for the proper execution of the Work (2.01). 2.
Standard construction contracts, or construction agreements, are documents that put the obligations of both parties into writing, so the client knows what they should expect as far as work is concerned, and the construction contractor knows what to expect in terms of payment.