Franklin Ohio Construction Contract for Building a House

• Category: Construction - Contractors
• State: Multi-State
• County: Franklin
• Control #: US-00462-2
• Format: Word; Rich Text

Description

This form is a Construction Contract. The form contains the following subjects: scope of work, work site, and insurance. The contractor's warranty is limited to defects in workmanship within the scope of the work performed by the contractor. Franklin Ohio Construction Contract for Building a House is a written document that outlines the terms and conditions agreed upon between a homeowner and a construction contractor in Franklin, Ohio, for the construction of a new house. This contract serves as a legally binding agreement to ensure a smooth and successful construction process. Keywords: Franklin Ohio, construction contract, building a house, homeowner, construction contractor, terms and conditions, legally binding agreement, smooth construction process. There can be several types of Franklin Ohio Construction Contracts for Building a House, each designed to cater to specific needs and requirements. Some common types include: 1. Fixed Price Construction Contract: This type of contract is based on a fixed sum or lump sum agreed upon between the homeowner and the contractor. The contractor undertakes the responsibility of completing the construction project within the agreed budget. Keywords: fixed price, lump sum, agreed budget. 2. Cost Plus Construction Contract: In a cost-plus contract, the contractor is compensated for the actual costs incurred during the construction process, along with an additional agreed-upon fee or percentage. This type of contract provides transparency as it requires the contractor to provide detailed records of all expenses. Keywords: cost-plus, actual costs, additional fee, transparency. 3. Design-Build Construction Contract: This type of contract combines the design and construction aspects into a single agreement. The homeowner hires a contractor who takes responsibility for both the design and construction of the house. This streamlined approach can result in time and cost savings. Keywords: design-build, streamlined approach, time savings, cost savings. 4. Time and Materials Construction Contract: In this type of contract, the homeowner pays for the construction materials and labor costs based on the actual time and materials used. This contract is commonly used when the scope or specifics of the project are not precisely determined at the contract signing. Keywords: time and materials, actual time, labor costs, construction materials. 5. Turnkey Construction Contract: A turnkey contract is an all-inclusive agreement where the contractor takes responsibility for every aspect of the construction, from planning and design to completion. The homeowner only needs to provide the specifications and expectations, and the contractor manages the entire project. Keywords: turnkey, all-inclusive, planning, design, completion. These are some different types of Franklin Ohio Construction Contracts for Building a House, each offering unique advantages and suiting different construction requirements. Homeowners should carefully review and select the contract type that best aligns with their needs and preferences before entering into an agreement with a construction contractor.

Franklin Ohio Construction Contract for Building a House is a written document that outlines the terms and conditions agreed upon between a homeowner and a construction contractor in Franklin, Ohio, for the construction of a new house. This contract serves as a legally binding agreement to ensure a smooth and successful construction process. Keywords: Franklin Ohio, construction contract, building a house, homeowner, construction contractor, terms and conditions, legally binding agreement, smooth construction process. There can be several types of Franklin Ohio Construction Contracts for Building a House, each designed to cater to specific needs and requirements. Some common types include: 1. Fixed Price Construction Contract: This type of contract is based on a fixed sum or lump sum agreed upon between the homeowner and the contractor. The contractor undertakes the responsibility of completing the construction project within the agreed budget. Keywords: fixed price, lump sum, agreed budget. 2. Cost Plus Construction Contract: In a cost-plus contract, the contractor is compensated for the actual costs incurred during the construction process, along with an additional agreed-upon fee or percentage. This type of contract provides transparency as it requires the contractor to provide detailed records of all expenses. Keywords: cost-plus, actual costs, additional fee, transparency. 3. Design-Build Construction Contract: This type of contract combines the design and construction aspects into a single agreement. The homeowner hires a contractor who takes responsibility for both the design and construction of the house. This streamlined approach can result in time and cost savings. Keywords: design-build, streamlined approach, time savings, cost savings. 4. Time and Materials Construction Contract: In this type of contract, the homeowner pays for the construction materials and labor costs based on the actual time and materials used. This contract is commonly used when the scope or specifics of the project are not precisely determined at the contract signing. Keywords: time and materials, actual time, labor costs, construction materials. 5. Turnkey Construction Contract: A turnkey contract is an all-inclusive agreement where the contractor takes responsibility for every aspect of the construction, from planning and design to completion. The homeowner only needs to provide the specifications and expectations, and the contractor manages the entire project. Keywords: turnkey, all-inclusive, planning, design, completion. These are some different types of Franklin Ohio Construction Contracts for Building a House, each offering unique advantages and suiting different construction requirements. Homeowners should carefully review and select the contract type that best aligns with their needs and preferences before entering into an agreement with a construction contractor.