Phoenix Arizona Basic Contract for Construction of a Building

• Category: Construction - Contractors
• State: Multi-State
• City: Phoenix
• 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 Phoenix Arizona Basic Contract for Construction of a Building is a legally binding agreement that outlines the terms and conditions between the owner of a construction project and the contractor hired to complete the building. This contract is specifically designed to govern the construction process in the city of Phoenix, Arizona. The contract includes various provisions and clauses that ensure both parties are protected throughout the construction process. It details the scope of work to be completed, the project timeline, payment terms, dispute resolution procedures, and other important aspects that help manage the construction project effectively. There are different types of Phoenix Arizona Basic Contracts for Construction of a Building, namely: 1. Lump Sum Contract: This is a fixed-price contract, where the contractor agrees to complete the construction project for a predetermined sum of money. The owner pays the contractor based on the agreed-upon price, regardless of any variations in the actual cost of construction. 2. Cost Plus Contract: In this type of contract, the contractor is reimbursed for the actual costs incurred during the construction process, including labor, materials, equipment, and overhead expenses. The contractor is also entitled to an additional fee (usually a percentage of the total cost) as profit. 3. Time and Material Contract: This contract is commonly used for smaller or more complex construction projects. It allows the contractor to charge the owner based on the actual time spent on the project, along with the cost of materials used. The contract also outlines the contractor's hourly rates and the types of materials that will be used. 4. Unit Price Contract: This contract is commonly used for projects that involve repetitive work or similar construction units. The contractor provides a price per unit (e.g., square footage, cubic yard) and the owner pays accordingly based on the quantity of work completed. In all these contract types, the Phoenix Arizona Basic Contract for Construction of a Building ensures compliance with local laws, regulations, and building codes. It also protects the interests of both the owner and the contractor, establishing clear responsibilities and expectations for all parties involved.

The Phoenix Arizona Basic Contract for Construction of a Building is a legally binding agreement that outlines the terms and conditions between the owner of a construction project and the contractor hired to complete the building. This contract is specifically designed to govern the construction process in the city of Phoenix, Arizona. The contract includes various provisions and clauses that ensure both parties are protected throughout the construction process. It details the scope of work to be completed, the project timeline, payment terms, dispute resolution procedures, and other important aspects that help manage the construction project effectively. There are different types of Phoenix Arizona Basic Contracts for Construction of a Building, namely: 1. Lump Sum Contract: This is a fixed-price contract, where the contractor agrees to complete the construction project for a predetermined sum of money. The owner pays the contractor based on the agreed-upon price, regardless of any variations in the actual cost of construction. 2. Cost Plus Contract: In this type of contract, the contractor is reimbursed for the actual costs incurred during the construction process, including labor, materials, equipment, and overhead expenses. The contractor is also entitled to an additional fee (usually a percentage of the total cost) as profit. 3. Time and Material Contract: This contract is commonly used for smaller or more complex construction projects. It allows the contractor to charge the owner based on the actual time spent on the project, along with the cost of materials used. The contract also outlines the contractor's hourly rates and the types of materials that will be used. 4. Unit Price Contract: This contract is commonly used for projects that involve repetitive work or similar construction units. The contractor provides a price per unit (e.g., square footage, cubic yard) and the owner pays accordingly based on the quantity of work completed. In all these contract types, the Phoenix Arizona Basic Contract for Construction of a Building ensures compliance with local laws, regulations, and building codes. It also protects the interests of both the owner and the contractor, establishing clear responsibilities and expectations for all parties involved.