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Contract or Agreement for the Construction of a Residence or Home

Miami-Dade Florida Contract or Agreement for the Construction of a Residence or Home

Category:

Contracts - Construction

State:

Multi-State

County:

Miami-Dade

Control #:

US-02083BG

Format:

Instant download

Description

Contract or Agreement for the Construction of a Residence or Home

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FAQ

Fixed-Price Contracts. The pricing of this group of government contracts will not change.Time & Materials Contracts. This one is quite straightforward.Cost-Reimbursement Contracts.Incentive Contracts.Indefinite Delivery & Quantity Contracts.

Three most commonly used construction contracts Fixed price contract. The fixed price contract revolves around one lump sum, agreed between the project owner and the contractor.Cost plus fixed percentage contract.Time and materials contract.Final thoughts.

The eight types of construction contracts include: cost-plus construction contract. design and build contract. guaranteed maximum price contract. incentive construction contract. integrated project delivery contract. lump-sum contract. time and materials contract. unit price contract.

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

What are the types of Construction Contracts? Lump Sum Contract. Cost Plus. Contract. Small Jobs. Contract. Large Jobs Contract.

Contract type is a term used to signify differences in contract structure or form, including compensation arrangements and amount of risk (either to the government or to the contractor). Federal government contracts are commonly divided into two main types, fixed-price and cost-reimbursement.

Therefore, below are some of the most important Construction Contract Clauses which you need to review before you sign the agreement. Scope of work.Contract amount.Project duration.Payment terms.Variation clause.Liquidated damages.Dispute resolution.

Miami-Dade Florida Contract or Agreement for the Construction of a Residence or Home

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