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Basic Building and Construction Contract between Owner and Contractor

Broward Florida Basic Building and Construction Contract between Owner and Contractor

Name: Broward Florida Basic Building and Construction Contract between Owner and Contractor
Brand: US Legal Forms
Rating: 4.61 (269 reviews)

Category:

Construction - Contracts

State:

Multi-State

County:

Broward

Control #:

US-01744BG

Format:

Instant download

Description

A building and construction contract must fulfill the same requirements as any other type of contract in regard to the following necessary elements:

" an agreement;
" between competent parties;
" based upon the genuine assent of the parties;
" supported by consideration;
" made for a lawful objective; and
" and in the form required by law.

Such a contract generally provides not only for the construction of the project, but also for many matters that are incidental to the project. Thus, it may provide for the carrying of liability, workers' compensation, and fire insurance policies, designating which party is responsible for obtaining particular insurance. A building and construction contract will typically specify the duties, responsibilities, and liabilities of each of the parties, as well as those of any employed architect or engineer. The amount and method of compensation is, of course, an important part of such a contract.

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AIA Document G702®1992, Application and Certificate for Payment, and G703®1992, Continuation Sheet, provide convenient and complete forms on which the contractor can apply for payment and the architect can certify that payment is due.

Statutory warranties the work will be performed with due care and skill. the work will be in accordance with any plans and specifications set out in the contract. all materials supplied will be suitable for the purpose for which they are to be used. materials will be new, unless otherwise specified.

4 Types of Construction Contracts Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.

AIA A10421222017 is a stand-alone agreement with its own internal general conditions and is intended for use on construction projects of limited scope and complexity. The AIA A104 replaces AIA Document A1072122-2007, Standard Form of Agreement Between Owner and Contractor for a Project of Limited Scope.

Series: Owner/Contractor greements. This contract is used when project price is based on a 1sum (fixed price). It is suitable for large or complex commercial construction projects.

Fixed price construction contracts, also commonly referred to as lump sum or stipulated sum contracts, are the most common types of construction contracts. As its name suggests, under a fixed price contract a contractor agrees to construct a project for a fixed or agreed upon price.

What is the difference in the contractual relationship between the Owner and Separate Contractor and between the Contractor and the Subcontractor? The Owner shall provide for the coordination of the work performed by the Separate Contractor with the Work of the Contractor.

The documents produced by The American Institute of Architects (AIA) are the most widely used standard form contracts in the construction industry. They facilitate communications among all the parties involved in construction, which makes it easier to produce a high quality project in a timely and economical fashion.

On the Basis of Validity Valid Contract. Void Contract. Voidable Contract. Illegal Contract. Unenforceable Contract.

Learn below about the four most common types of construction contracts. Lump Sum Contract. A lump sum contract sets one determined price for all work done for the project.Unit Price Contract.Cost Plus Contract.Time and Materials Contract.

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EFIS wall systems shall not be specified for any building or structure. 17. The architect shall state in the contract documents all permits (i.e.Uniform Building Permit Application Package. 2. The Legislature deems it necessary in the interest of the public health, safety, and welfare to regulate the construction industry. When do I need to fill out an Owner-Builder Exemption form? When do I need to get a building permit? How do I apply for a permit? 53 results — Browse 53 Broward County, FL Building and Construction Businesses available for sale on BizBuySell. Items 5 - 911141516 — Building Department, when applying for a building permit. Widely recognized as industry standard legal forms and agreements that define the relationships and terms involved in design and construction projects.

Broward Florida Basic Building and Construction Contract between Owner and Contractor

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