Illinois Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-13202BG
• Format: Word; Rich Text

Description

This form is a contract for the construction of a building with Contractor agreeing to furnish all materials and to perform all work as required by contracts enumerated in the contract for construction.

Illinois Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents is a legally binding agreement that outlines the terms and conditions between the property owner or the project developer (referred to as the "Owner") and the contractor responsible for the construction project (referred to as the "Contractor"). This contract is commonly used in the state of Illinois for various construction projects, including residential, commercial, and industrial buildings. The purpose of this contract is to ensure that all parties involved understand their rights, obligations, and responsibilities throughout the construction process. It serves as a roadmap for the execution of the project, ensuring that the construction work is performed in accordance with the set specifications, plans, and documents. Key elements of the Illinois Contract for Construction of Building include: 1. Identification of the parties: The contract clearly identifies the Owner and the Contractor, including their legal names, addresses, and contact information. 2. Scope of work: This contract lists all the work to be performed by the Contractor, which may include excavation, site preparation, construction, installation, and finishing works. The scope of work is detailed and specific to ensure clarity and avoid any misunderstandings. 3. Contract documents: The contract incorporates a list of contract documents that serve as the basis for the construction work. These documents may include architectural plans, engineering drawings, technical specifications, and any other specific requirements set out for the project. 4. Timeframe and milestones: The contract establishes the project's duration and any specific milestones to be accomplished at different stages of the construction process. This helps to ensure timely completion and delivery of the project. 5. Payment terms: The contract defines the payment schedule, including the total contract price and any specific milestones or stages where payments are due. It may also outline any retain age or progress payments. 6. Change orders: The contract outlines the procedure for handling change orders, which are modifications or additions to the original scope of work. It specifies how changes will be documented, approved, and compensated. 7. Insurance and liability: The contract specifies the insurance requirements for both the Owner and the Contractor. It may outline the types and minimum coverage amounts required, as well as the allocation of liability between the parties. 8. Dispute resolution: In case of disputes or disagreements, the contract may include a clause detailing the preferred method of resolving conflicts, such as mediation, arbitration, or litigation. Different types of Illinois Contracts for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents may vary based on the scale, complexity, or nature of the construction project. Some common types include residential construction contracts, commercial construction contracts, and government or public works contracts.