The Idaho Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents is a legal document that outlines the terms and conditions between a contractor and a client for the construction of a building project in Idaho. This contract ensures that all parties involved are aware of their responsibilities, the scope of work to be performed, and the materials that will be used. The contract includes detailed information such as the names and addresses of the contractor and client, the project's location, and a detailed description of the building project, including its specifications and requirements. It also includes a timeline for completion, payment terms, and any additional provisions that are specific to the project. There are different types of the Idaho Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents, depending on the nature of the project and the parties involved. Some common types include: 1. Lump Sum Contract: This type of contract establishes a fixed price for the entire project, regardless of any changes or unforeseen circumstances that may arise during construction. 2. Cost Plus Contract: In this type of contract, the client agrees to reimburse the contractor for the actual costs of materials, labor, and other expenses incurred during construction. The contractor also receives an additional fee or percentage of the total costs as compensation. 3. Unit Price Contract: This contract is used when the project involves repetitive elements or tasks, such as constructing multiple similar buildings or units. The contractor provides a fixed price per unit, and the total cost is based on the number of units completed. 4. Design-Build Contract: In a design-build contract, the contractor is responsible for both the design and construction of the project. This type of contract streamlines the process by allowing the client to work with a single entity instead of hiring separate designers and contractors. Regardless of the type of contract used, it is crucial for both the contractor and client to carefully review and understand the terms and conditions before signing. It is also advisable to consult legal professionals familiar with construction contracts to ensure compliance with Idaho state laws and regulations.
Para su conveniencia, debajo del texto en español le brindamos la versión completa de este formulario en inglés. For your convenience, the complete English version of this form is attached below the Spanish version.