Contract for Construction of a Building with Architect to be Owner

• Category: Small Business - Human Resources - Employment Contracts
• State: Multi-State
• Control #: US-2618SB
• Format: Word; Rich Text

Description

Architects are licensed professionals trained in the art and science of building. Architects design the overall aesthetic and look of buildings and other structures, and ensure that the buildings are functional, safe, and economical and suit the needs of A Contract for Construction of a Building with Architect to be Owner is an agreement between the client (the Owner) and the contractor/builder (the Architect) for the construction of a building or structure. It outlines the scope of the project, the cost, the timeline, the payment terms, the responsibilities of each party, and any other conditions and terms related to the project. The contract should also include provisions for dispute resolution and termination, if necessary. The two main types of Contracts for Construction of a Building with Architect to be Owner are Fixed Price Contracts and Cost Plus Contracts. Fixed Price Contracts are a one-time fee, pre-determined by the Owner and Architect. These contracts specify the project scope and cost, as well as payment terms, and are binding on both parties. Cost Plus Contracts are a type of contract in which the Architect is paid a fee based on the actual cost of the project, plus a percentage mark-up. The contract specifies the cost of the project and the mark-up, as well as payment terms. Regardless of the type of contract chosen, all Contracts for Construction of a Building with Architect to be Owner should include provisions for dispute resolution and termination, as well as any other conditions and terms related to the project.

A Contract for Construction of a Building with Architect to be Owner is an agreement between the client (the Owner) and the contractor/builder (the Architect) for the construction of a building or structure. It outlines the scope of the project, the cost, the timeline, the payment terms, the responsibilities of each party, and any other conditions and terms related to the project. The contract should also include provisions for dispute resolution and termination, if necessary. The two main types of Contracts for Construction of a Building with Architect to be Owner are Fixed Price Contracts and Cost Plus Contracts. Fixed Price Contracts are a one-time fee, pre-determined by the Owner and Architect. These contracts specify the project scope and cost, as well as payment terms, and are binding on both parties. Cost Plus Contracts are a type of contract in which the Architect is paid a fee based on the actual cost of the project, plus a percentage mark-up. The contract specifies the cost of the project and the mark-up, as well as payment terms. Regardless of the type of contract chosen, all Contracts for Construction of a Building with Architect to be Owner should include provisions for dispute resolution and termination, as well as any other conditions and terms related to the project.