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OWNER/ CONTRACTOR CONSTRUCTION AGREEMENT (LUMP SUM) THIS AGREEMENT is dated and will be effective on the , by and between the School Board of Indian River County, an entity existing under the laws
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How to fill out owner contractor construction agreement

How to fill out owner contractor construction agreement:
01
Read and understand the agreement: Begin by carefully reading the entire owner contractor construction agreement to familiarize yourself with its terms, conditions, and obligations. Make sure you understand all the provisions before proceeding.
02
Provide project details: Fill out the necessary information about the construction project, including its name, location, and description. Include any specific requirements or specifications that need to be met.
03
Identify the parties involved: Clearly state the names and contact information of both the owner and contractor involved in the agreement. Include their addresses, phone numbers, and email addresses for easy communication.
04
Outline the scope of work: Define the scope of work to be performed by the contractor. Include a detailed description of the tasks, materials, and services involved in the construction project.
05
Set a timeline: Establish the start and completion dates of the construction project. Clearly state any milestones or deadlines that need to be met and include provisions for delays or extensions if necessary.
06
Specify payment terms: Define the agreed-upon payment terms, including the total contract price, payment schedule, and any penalties or incentives related to timely completion or quality of work.
07
Address insurance and liabilities: Specify the insurance coverage required by both the owner and contractor, including general liability and workers' compensation. Clearly define who is responsible for any damages or liabilities that may arise during the construction project.
08
Include dispute resolution provisions: Determine how disputes will be resolved if they occur. Specify the preferred method of dispute resolution, such as mediation or arbitration, to avoid lengthy legal proceedings.
09
Sign and date the agreement: Once all the necessary information is filled out, ensure that both the owner and contractor sign and date the owner contractor construction agreement. Keep a copy for each party involved.
Who needs owner contractor construction agreement?
01
Property owners: Individuals or companies who want to have construction work done on their property need an owner contractor construction agreement. This agreement ensures that both parties clearly understand their rights, obligations, and responsibilities throughout the construction process.
02
Contractors: Construction companies or individuals contracted to perform the construction work need an owner contractor construction agreement to outline the scope of work, payment terms, and project timelines. This agreement protects them from potential disputes or misunderstandings with the property owner.
03
Construction professionals: Architects, engineers, and other professionals involved in the construction project may also need to review and adhere to the terms outlined in the owner contractor construction agreement. This ensures collaboration and coordination among all parties involved in the project.
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What is owner contractor construction agreement?
An owner contractor construction agreement is a legally binding contract between a property owner and a contractor outlining the terms and conditions of a construction project.
Who is required to file owner contractor construction agreement?
The property owner and contractor involved in the construction project are required to file the owner contractor construction agreement.
How to fill out owner contractor construction agreement?
The owner and contractor must provide detailed information about the project, including project scope, timeline, payment terms, and responsibilities of each party.
What is the purpose of owner contractor construction agreement?
The purpose of the owner contractor construction agreement is to clearly define the expectations and responsibilities of both parties, ensuring a smooth and successful construction project.
What information must be reported on owner contractor construction agreement?
The owner contractor construction agreement must include details such as project scope, timeline, payment terms, responsibilities of each party, and any additional terms and conditions.
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