Are you currently in a location where you require documentation for occasional business or personal activities almost every day.
There are numerous legitimate document templates accessible online, but locating reliable types can be challenging.
US Legal Forms provides a wide array of form templates, such as the Indiana Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents, which are crafted to comply with state and federal regulations.
Select a suitable file format and download your copy.
Find all the document templates you have purchased in the My documents list. You can obtain another copy of the Indiana Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents at any time, if necessary. Click the desired form to download or print the document template. Use US Legal Forms, one of the most extensive collections of legitimate forms, to save time and prevent mistakes. This service offers properly crafted legal document templates that you can utilize for various purposes. Create an account on US Legal Forms and start simplifying your life.
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.
Types of contractsFixed-price contract.Cost-reimbursement contract.Cost-plus contract.Time and materials contract.Unit price contract.Bilateral contract.Unilateral contract.Implied contract.More items...?
The eight types of construction contracts include:cost-plus construction contract.design and build contract.guaranteed maximum price contract.incentive construction contract.integrated project delivery contract.lump-sum contract.time and materials contract.unit price contract.
Lump sum contracts, also known as fixed price contracts, are the most basic type of construction contracts. That's because they outline one fixed price for all the work done under them. For this reason, lump sum contracts are extremely common in construction.
Three Common Construction ContractsFIXED PRICE. Fixed price construction contracts, also commonly referred to as lump sum or stipulated sum contracts, are the most common types of construction contracts.COST PLUS.GUARANTEED MAXIMUM PRICE.
The eight types of construction contracts include:cost-plus construction contract.design and build contract.guaranteed maximum price contract.incentive construction contract.integrated project delivery contract.lump-sum contract.time and materials contract.unit price 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...
The three most common contract types include:Fixed-price contracts.Cost-plus contracts.Time and materials contracts.
It is important to include a description of the payment process in the contract, including the timing, documents required, approval process, and the terms of final payment. This clause should contain language about how often payments are to be made on an on-going project.
What are the types of Construction Contracts?Lump Sum Contract.Cost Plus. Contract.Small Jobs. Contract.Large Jobs Contract.