Kings New York Construction Contract Cost Plus or Fixed Fee is a legally-binding agreement between a client and a construction contractor in New York that outlines the terms and conditions regarding the cost estimation and payment structure for a construction project. This type of contract is commonly used in the construction industry to establish clarity and transparency regarding project costs. The two primary types of Kings New York Construction Contract Cost Plus or Fixed Fee are the Cost Plus contract and the Fixed Fee contract. Each of these contract types has distinct characteristics and suits different project scenarios. 1. Cost Plus Contract: A Cost Plus contract is an agreement where the contractor is reimbursed for the actual costs of labor, materials, and other project expenses, plus an additional fee based on a specified percentage or a predetermined arrangement. This type of contract is often used when the project scope or specifications are not well-defined, and there is a high probability of change orders or unforeseen circumstances. By allowing for flexibility in cost adjustments, this contract type ensures that the client pays for the actual expenses incurred during the construction process. Keywords: Kings New York Construction Contract, Cost Plus, reimbursement, labor, materials, project expenses, additional fee, change orders, unforeseen circumstances. 2. Fixed Fee Contract: A Fixed Fee contract is an agreement where the contractor charges a fixed sum, also known as a lump sum, for completing the construction project. The fee is determined based on the project's estimated costs, including labor, materials, overhead expenses, and the contractor's profit margin. This type of contract is commonly used when the project scope and specifications are well-defined and unlikely to undergo significant changes. The Fixed Fee contract provides the client with predictable project costs and minimizes the risk of cost overruns. Keywords: Kings New York Construction Contract, Fixed Fee, lump sum, estimated costs, labor, materials, overhead expenses, profit margin, project scope, cost overruns. In both contract types, it is essential to include specific provisions regarding project milestones, payment schedules, change order procedures, dispute resolution mechanisms, insurance requirements, and completion timelines to ensure a smooth construction process and mitigate any potential conflicts or delays. Overall, Kings New York Construction Contract Cost Plus or Fixed Fee is a crucial tool that provides a comprehensive framework for contractors and clients to agree on project costs and payment terms, promoting transparency and accountability in construction projects.
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.Kings New York Costo del contrato de construcción más o tarifa fija - New York Construction Contract Cost Plus or Fixed Fee
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How to fill out Kings New York Costo Del Contrato De Construcción Más O Tarifa Fija?
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Que incluir en un contrato de construccion Informacion de identificacion y contacto. Titulo y descripcion del proyecto. Cronograma proyectado y fecha de finalizacion. Estimacion de costos y calendario de pagos. Clausula de suspension de trabajo y clausula de suspension de pago. Clausula de caso fortuito.
El metodo de porcentaje de finalizacion se utiliza para la construccion a largo plazo y otros proyectos. Este metodo permite reconocer los ingresos y los gastos periodicamente, durante el periodo del contrato, antes de que finalice el proyecto/contrato.
Este tipo de contratos se podran realizar cuando exista una necesidad temporal de la empresa que tenga autonomia y sustantividad propia. Es decir, cuando la empresa necesite realizar una actividad accesoria que sea temporal y no forme parte de la actividad principal de la empresa.
La aplicacion del sistema de tarifas implica que los postores, al formular sus ofertas, asignen una tarifa por el integro de las prestaciones que corresponda ejecutar (que incluye costo directo, cargas sociales, tributos, gastos generales y utilidad) en el periodo o unidad de tiempo (hora, dia, mes, entre otros)
Un contrato de obra o labor, es aquel en el que se vincula a una persona para que realice una labor o una actividad determinada, sin pactar un plazo o termino de duracion. Es decir que la relacion laboral se termina una vez finalice la obra o labor.
El metodo de porcentaje de terminacion es aplicable al registro contable de la prestacion de servicios y de los contratos de construccion. Bajo este metodo los ingresos se reconocen como tales en el resultado del periodo, a lo largo de los periodos contables en la que se lleve a cabo la ejecucion del contrato.
Son contratos de obra los que celebren las entidades estatales para la construccion, mantenimiento, instalacion y, en general, para la realizacion de cualquier otro trabajo material sobre bienes inmuebles, cualquiera que sea la modalidad de ejecucion y pago.
Contenido basico para hacer contratos de trabajo Lugar y fecha del contrato. Identificacion plena de las partes. Fecha de ingreso del trabajador a la empresa. Descripcion clara de las obligaciones y funciones del trabajador. Monto, forma y periodo de pago de la remuneracion.
Segun la abogada Maria Yolanda Chaustre, un contrato por obra o labor es aquel en virtud del cual se contrata a un trabajador para desarrollar una labor determinada.
El metodo de porcentaje de ventas es un metodo del pronostico financiero que consiste en expresar las necesidades de la empresa en terminos del porcentaje de ventas anuales invertidas en la partida del balance general con la finalidad de determinar las necesidades financieras a corto plazo.
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