The Cook Illinois Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents is a comprehensive agreement that outlines the specific terms and conditions for a construction project in the Cook County region, Illinois. This contract ensures that the contractor is responsible for supplying all necessary materials and completing all aspects of the construction as specified in the contract documents. The Cook Illinois Contract for Construction of Building encompasses various types, each tailored to different project requirements and specifications. Some of these types include: 1. Lump-Sum Contract: This type of contract establishes a fixed price for the entire project, regardless of any variations or changes that may occur during construction. The contract will enumerate the specific work to be performed and materials to be supplied, while ensuring the contractor's obligation to complete the project within the agreed-upon budget. 2. Cost-Plus Contract: In this type of contract, the contractor is reimbursed for the actual costs incurred during construction, including labor, materials, and overhead expenses. Additionally, a predetermined fee or percentage is added to the total costs as compensation for the contractor. The contract documents will outline the agreed-upon costs and fee structure. 3. Unit Price Contract: This contract type involves a pricing structure based on predetermined unit rates for various components of the construction project. The contractor is paid based on the quantities of each unit completed or supplied. The contract will specify the unit rates, quantities, and any applicable adjustments based on variations in the work. 4. Design-Build Contract: This type of contract combines the design and construction phases under a single entity, typically referred to as the Design-Build Contractor. The contractor is responsible for both the design and construction aspects of the project. The contract documents will outline the requirements and responsibilities related to both design and construction. Regardless of the specific type of Cook Illinois Contract for Construction of Building, all versions will include key elements such as project scope, specifications, schedules, payment terms, insurance requirements, dispute resolution procedures, and any applicable legal requirements and regulations. It is essential for both the contractor and the client to carefully review and understand the contract documents before signing, ensuring a successful and legally binding agreement for the construction project.
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.