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THE UNIVERSITY OF CHICAGO Facilities Services 5555 ELLIS AVENUE CHICAGO ILLINOIS 60637 GENERAL CONSTRUCTION SERVICES AGREEMENT BETWEEN OWNER AND CONTRACTOR (Where Basis of Payment is a Stipulated
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How to fill out agreement for pre-construction and

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How to fill out an agreement for pre-construction and:

01
Begin by ensuring that you have a clear understanding of the terms and conditions outlined in the agreement. Familiarize yourself with the project details, timelines, payment schedules, and any other relevant information.
02
Carefully review the agreement form to identify the necessary fields that need to be completed. These may include your personal details, such as name, contact information, and address.
03
Pay attention to any sections that require specific information related to the pre-construction project. This may involve indicating the scope of work, materials to be used, and any special requirements or arrangements.
04
If there are any pricing or financial aspects involved, accurately fill in the details pertaining to costs, deposits, milestones, and the overall payment structure. It's essential to be precise to avoid any misunderstandings or disputes in the future.
05
Take note of any sections that require signatures or initials. Ensure that you provide all required signatures in the appropriate spaces. It is crucial to understand that signing the agreement indicates your consent and agreement to the terms outlined.
06
Double-check the completed agreement form for any errors or missing information. Make sure that all entries are legible and accurate to avoid any confusion in the future.

Who needs an agreement for pre-construction and:

01
Property owners: If you own a property and are planning to undergo pre-construction activities, such as new construction, renovations, or additions, you will require an agreement to outline the terms, scope of work, and financial aspects.
02
Contractors or builders: Construction professionals involved in pre-construction projects will also need to have a well-structured agreement in place. This document ensures that both parties are aware of their responsibilities, project timelines, and payment terms.
03
Developers: For individuals or companies involved in property development, a pre-construction agreement is essential. It establishes the expectations and obligations of both the developer and any contractors or subcontractors involved.
04
Investors: If you are investing in a pre-construction project or are a financial partner, having a formal agreement protects your interests and clearly defines the terms of your investment, such as profit-sharing, repayment schedules, and potential risks.
In summary, anyone involved in a pre-construction project, including property owners, contractors, developers, and investors, should have a properly filled out agreement. It serves as a legal document outlining the terms of the project, ensuring mutual understanding, and protecting the rights and responsibilities of all parties involved.
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