Oklahoma Basic Contract for Construction of a Building

• Category: Construction - Contractors
• State: Multi-State
• Control #: US-13353BG
• Format: Word; Rich Text

Description

This form is a sample of a basic contract for construction of a building between a contractor and the owner of a building. The Oklahoma Basic Contract for Construction of a Building is a legal agreement that outlines the terms and conditions for the construction of a building in the state of Oklahoma. This contract serves as a binding agreement between the owner or client and the contractor, ensuring that both parties are protected and their interests are upheld throughout the construction process. Some key components of the Oklahoma Basic Contract for Construction of a Building include: 1. Parties involved: The contract identifies the owner or client and the contractor, specifying their legal names and contact information. It may also list any subcontractors or suppliers involved in the project. 2. Scope of work: This section provides a detailed description of the construction project, including plans, specifications, and any relevant documents. It outlines the specific tasks and responsibilities of the contractor and may include a timeline for completion. 3. Contract price and payments: The contract specifies the total contract price for the project, which includes the cost of labor, materials, and any additional expenses. It also details the payment schedule, including the initial deposit, progress payments, and final payment upon completion. 4. Change orders: This section outlines the process for making changes to the original scope of work. It may include procedures for requesting and approving change orders, as well as any associated costs or time extensions. 5. Insurance and liability: The contract typically requires the contractor to maintain appropriate insurance coverage to protect against accidents, property damage, and personal injury during the construction process. It may also specify the responsibilities and liabilities of each party in case of unforeseen circumstances. 6. Dispute resolution: In case of any disagreements or disputes, the contract may outline the procedures for resolving disputes, such as mediation or arbitration. It may also specify the governing law and jurisdiction in which the dispute will be resolved. Different types of Oklahoma Basic Contract for Construction of a Building may include variations based on the size and complexity of the project. These could include contracts for residential construction, commercial construction, government-funded projects, or specialized projects such as renovations, additions, or remodeling. Overall, the Oklahoma Basic Contract for Construction of a Building serves as a vital document that ensures clarity, accountability, and protection for both the owner and the contractor involved in a construction project.

The Oklahoma Basic Contract for Construction of a Building is a legal agreement that outlines the terms and conditions for the construction of a building in the state of Oklahoma. This contract serves as a binding agreement between the owner or client and the contractor, ensuring that both parties are protected and their interests are upheld throughout the construction process. Some key components of the Oklahoma Basic Contract for Construction of a Building include: 1. Parties involved: The contract identifies the owner or client and the contractor, specifying their legal names and contact information. It may also list any subcontractors or suppliers involved in the project. 2. Scope of work: This section provides a detailed description of the construction project, including plans, specifications, and any relevant documents. It outlines the specific tasks and responsibilities of the contractor and may include a timeline for completion. 3. Contract price and payments: The contract specifies the total contract price for the project, which includes the cost of labor, materials, and any additional expenses. It also details the payment schedule, including the initial deposit, progress payments, and final payment upon completion. 4. Change orders: This section outlines the process for making changes to the original scope of work. It may include procedures for requesting and approving change orders, as well as any associated costs or time extensions. 5. Insurance and liability: The contract typically requires the contractor to maintain appropriate insurance coverage to protect against accidents, property damage, and personal injury during the construction process. It may also specify the responsibilities and liabilities of each party in case of unforeseen circumstances. 6. Dispute resolution: In case of any disagreements or disputes, the contract may outline the procedures for resolving disputes, such as mediation or arbitration. It may also specify the governing law and jurisdiction in which the dispute will be resolved. Different types of Oklahoma Basic Contract for Construction of a Building may include variations based on the size and complexity of the project. These could include contracts for residential construction, commercial construction, government-funded projects, or specialized projects such as renovations, additions, or remodeling. Overall, the Oklahoma Basic Contract for Construction of a Building serves as a vital document that ensures clarity, accountability, and protection for both the owner and the contractor involved in a construction project.