Oakland Michigan Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents is a legally binding agreement between a property owner or developer and a contractor. This contract outlines the specific terms, conditions, and obligations that both parties must adhere to during the construction process. The Oakland Michigan Contract for Construction of Building typically includes the following key elements: 1. Parties involved: This section identifies the contractor, also known as the builder, and the property owner, who will be referred to as the owner or developer throughout the contract. 2. Scope of work: The contract clearly defines the scope of work that the contractor is responsible for performing. It includes all aspects related to the construction process, including design, labor, equipment, and materials required. 3. Contract documents: This part of the agreement refers to the enumerated contract documents that provide the detailed specifications, drawings, and plans that the contractor must follow to complete the project. These documents may include architectural drawings, engineering plans, and any other specifications or attachments relevant to the construction. 4. Project timeline: The contract specifies the expected start and completion dates for the construction project. It may also outline any milestones or deadlines that need to be met throughout the construction process. 5. Payment terms: The contract details the agreed-upon compensation for the contractor. It may include provisions for progress payments, retain age, and final payment terms. This section may also outline any allowances or extra costs that the owner will cover. 6. Change orders: The contract addresses the process for approving any changes or modifications to the original contract. This could include alterations to the scope of work, materials, or timeline. It outlines how such changes should be documented, approved, and potentially compensated. 7. Warranties and guarantees: This section may specify the warranties or guarantees provided by the contractor. It outlines the obligations and timeframes for resolving any defects or issues that arise during or after the construction process. 8. Insurance and liability: The contract addresses insurance requirements, including liability coverage and workers' compensation. It outlines the responsibilities of both parties in terms of mitigating and addressing any potential risks or damages during construction. It's important to note that variations of the Oakland Michigan Contract for Construction of Building may exist, depending on the specific requirements of the project or municipality. These could include variations for residential, commercial, or public construction projects. Different types of contracts may also be used, such as cost-plus contracts, fixed-price contracts, or unit price contracts. However, these variations would still contain similar basic elements as outlined above, adapted to meet the relevant project's needs and circumstances.
Oakland Michigan Contract for Construction of Building with Contractor to Furnish all Materials and Perform all Work as Required by Enumerated Contract Documents
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How to fill out Oakland Michigan Contract For Construction Of Building With Contractor To Furnish All Materials And Perform All Work As Required By Enumerated Contract Documents?
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