This form is designed for use between Foundation Contractors and Property Owners and may be executed with either a cost plus or fixed fee payment arrangement. This contract addresses such matters as change orders, work site information, warranty and insurance. This form was specifically drafted to comply with the laws of the State of New York.
The Kings New York Foundation Contract for Contractor is a comprehensive agreement that outlines the terms and conditions between the Kings New York Foundation and the contractor participating in their construction projects. This contract establishes a legally binding relationship between both parties, ensuring clarity, protection, and smooth execution of the project. One type of the Kings New York Foundation Contract for Contractor is the "Standard Contract." This commonly used version encompasses essential aspects such as project scope, payment terms, project timeline, responsibilities, and dispute resolution procedures. It provides a standardized framework that can be applied to a wide range of construction projects. Another type is the "Specialized Contract," which caters to more specific project requirements. These contracts include additional clauses and provisions that address unique project needs, such as government regulations, environmental considerations, or special materials and equipment specifications. The Kings New York Foundation Contract for Contractor emphasizes the importance of clear communication and collaboration. Through this agreement, both parties agree on the project's objectives, quality standards, and the contractor's roles and responsibilities. It includes detailed descriptions of the project specifications, construction procedures, and any applicable laws and regulations. This contract also outlines the payment terms, specifying the methods, milestones, and deadlines for contractor compensation. It ensures that both parties are aware of the payment schedule and avoids any potential misunderstandings. To ensure the project's successful completion, the Kings New York Foundation Contract for Contractor includes clauses related to project changes, delays, and unforeseen circumstances. These provisions establish procedures for change orders, project modifications, and extensions, protecting both parties' interests and mitigating potential conflicts. Additionally, the contract addresses important aspects such as insurance coverage, permits and licenses, safety procedures, and quality control standards. It emphasizes the contractor's obligation to comply with all applicable laws and regulations, ensuring a safe and legally compliant working environment. Dispute resolution mechanisms are also included in the contract to provide a clear path for conflict resolution. It may include clauses for mediation, arbitration, or litigation, allowing both parties to resolve disagreements efficiently and fairly. Overall, the Kings New York Foundation Contract for Contractor aims to establish a mutual understanding and trust between the foundation and the contractor. It ensures that the project progresses smoothly, adheres to specifications, meets deadlines, and satisfies all parties involved. By providing a secure foundation for the construction project, this contract facilitates a productive and successful collaboration.
The Kings New York Foundation Contract for Contractor is a comprehensive agreement that outlines the terms and conditions between the Kings New York Foundation and the contractor participating in their construction projects. This contract establishes a legally binding relationship between both parties, ensuring clarity, protection, and smooth execution of the project. One type of the Kings New York Foundation Contract for Contractor is the "Standard Contract." This commonly used version encompasses essential aspects such as project scope, payment terms, project timeline, responsibilities, and dispute resolution procedures. It provides a standardized framework that can be applied to a wide range of construction projects. Another type is the "Specialized Contract," which caters to more specific project requirements. These contracts include additional clauses and provisions that address unique project needs, such as government regulations, environmental considerations, or special materials and equipment specifications. The Kings New York Foundation Contract for Contractor emphasizes the importance of clear communication and collaboration. Through this agreement, both parties agree on the project's objectives, quality standards, and the contractor's roles and responsibilities. It includes detailed descriptions of the project specifications, construction procedures, and any applicable laws and regulations. This contract also outlines the payment terms, specifying the methods, milestones, and deadlines for contractor compensation. It ensures that both parties are aware of the payment schedule and avoids any potential misunderstandings. To ensure the project's successful completion, the Kings New York Foundation Contract for Contractor includes clauses related to project changes, delays, and unforeseen circumstances. These provisions establish procedures for change orders, project modifications, and extensions, protecting both parties' interests and mitigating potential conflicts. Additionally, the contract addresses important aspects such as insurance coverage, permits and licenses, safety procedures, and quality control standards. It emphasizes the contractor's obligation to comply with all applicable laws and regulations, ensuring a safe and legally compliant working environment. Dispute resolution mechanisms are also included in the contract to provide a clear path for conflict resolution. It may include clauses for mediation, arbitration, or litigation, allowing both parties to resolve disagreements efficiently and fairly. Overall, the Kings New York Foundation Contract for Contractor aims to establish a mutual understanding and trust between the foundation and the contractor. It ensures that the project progresses smoothly, adheres to specifications, meets deadlines, and satisfies all parties involved. By providing a secure foundation for the construction project, this contract facilitates a productive and successful collaboration.
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.