A Missouri Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project is a legal contract that establishes the terms and conditions under which a construction manager will oversee and provide services for a construction project on behalf of the owner. This agreement ensures that both parties are on the same page regarding project expectations, responsibilities, and compensation. The Missouri Agreement between Owner and Construction Manager for Services typically includes the following key elements: 1. Parties involved: The agreement will clearly state the full legal names and addresses of both the owner and the construction manager. It is crucial to accurately identify these parties to ensure the legality and enforceability of the agreement. 2. Scope of services: The agreement outlines in detail the construction manager's scope of services. This includes tasks such as reviewing plans and specifications, coordinating with subcontractors, managing the construction schedule, ensuring compliance with local codes and regulations, and overseeing quality control. 3. Project description: The agreement describes the construction project being undertaken. It includes details such as location, size, purpose, and any specific requirements or special considerations that the owner may have. 4. Duration and schedule: The agreement specifies the start and end date of the construction project. It also outlines the construction manager's expected working hours, milestones, and deadlines. 5. Compensation: This section defines how the construction manager will be compensated for their services. It may include a fixed fee, a percentage of the project cost, or a combination of both. It may also outline additional expenses that the construction manager can be reimbursed for, such as travel or documentation costs. 6. Insurance and liability: The agreement clarifies the insurance coverage and liability responsibilities of both parties. It typically requires the construction manager to hold adequate liability insurance to protect against any potential claims or damages during the project. 7. Dispute resolution: To anticipate and handle potential disagreements, the agreement may include a clause specifying the preferred method of dispute resolution, such as mediation or binding arbitration. This ensures that disputes are resolved in an efficient, fair, and timely manner. Different types of Missouri Agreements between Owner and Construction Manager for Services may include variations of the above elements or additional clauses specific to particular project types. For example, there might be separate agreements tailored to residential, commercial, or industrial construction projects. Additionally, specific projects may require additional considerations or requirements unique to their nature, such as environmental regulations or historical preservation agreements.
Missouri Agreement between Owner and Construction Manager for Services in Overseeing a Construction Project
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