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U.S. Department of Housing and Urban DevelopmentGeneral Conditions for Construction Contracts Public Housing ProgramsOffice of Public and Indian Housing OMB Approval No. 25770157 (exp. 1/31/2017)Applicability.
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How to Fill Out Construction Development Contract Greater Than:

01
Read and Understand the Contract: Start by carefully reading the entire construction development contract greater than. Understand its terms, conditions, and requirements before proceeding further.
02
Gather Required Information: Collect all the necessary information and documents for filling out the contract. This may include project details, parties involved, scope of work, timelines, payment terms, and any specific requirements.
03
Fill in the Parties' Information: Begin by filling in the names, addresses, and contact details of all parties involved in the construction development contract greater than. This typically includes the owner/developer, contractor, architect/engineer, and any subcontractors or suppliers.
04
Define the Scope of Work: Clearly define the scope of work in the designated section of the contract. This should outline the specific activities, materials, and services that will be provided as part of the construction project.
05
Specify Timeline and Deadlines: Indicate the project start date, completion date, and any milestone deadlines in the contract. This helps establish a timeline for the construction development process and ensures all parties are aware of the project's duration.
06
Establish Payment Terms: Determine the payment terms, including the amount, schedule, and method of payment. Specify any advance payments, progress payments, or final payment requirements in the contract.
07
Include Insurance and Liability Provisions: Identify the insurance requirements for the construction project, such as general liability insurance, workers' compensation, and builder's risk insurance. Clearly state who will be responsible for obtaining and maintaining these insurances.
08
Outline Change Order Procedures: Define the process for handling changes or modifications to the original scope of work. Specify how change orders will be documented, approved, and addressed in terms of cost and time implications.
09
Include Dispute Resolution Mechanisms: Determine the method of dispute resolution if any conflicts or disagreements arise during the construction process. Options can include mediation, arbitration, or litigation, and these should be clearly stated in the contract.
10
Review and Seek Legal Advice: Before finalizing the contract, review it thoroughly to ensure accuracy and clarity. It is advisable to consult with legal professionals to ensure compliance with local laws, regulations, and industry best practices.

Who Needs Construction Development Contract Greater Than:

01
Property Owners/Developers: Individuals or entities who own or develop construction projects, whether residential, commercial, or industrial, will typically require a construction development contract greater than to formalize agreements with contractors and other parties involved.
02
Contractors: Construction companies or contractors who undertake the construction work outlined in the contract will need this document to establish the scope of work, payment terms, and other project-related details.
03
Architects/Engineers: Professionals responsible for designing and overseeing the construction project will also play a crucial role in the contract. They may need to review and provide input on contract sections related to design specifications, project timeline, and their professional liabilities.
04
Subcontractors/Suppliers: Subcontractors or suppliers involved in the construction process will have their rights and obligations outlined within the construction development contract greater than. This ensures clarity on the scope of work, payment terms, and responsibilities.
Note: It is important to consult legal professionals or industry experts when drafting or entering into construction development contracts greater than, as requirements and regulations may vary depending on jurisdiction and project specifics.
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Construction/development contracts greater than $50,000.
General contractors, developers, or property owners.
The contract must be filled out completely and accurately with all relevant details.
To ensure transparency and compliance in construction and development projects.
Details of the parties involved, project scope, timelines, payment terms, and any other pertinent information.
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