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FIXED PRICE CONSTRUCTION CONTRACT BETWEEN OWNER AND CONTRACTOR This FIXED PRICE CONSTRUCTION CONTRACT BETWEEN OWNER AND CONTRACTOR (the “Contract “) is made and entered into by and between the
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How to fill out this fixed price construction
How to fill out this fixed price construction
01
Step 1: Gather all the necessary documents and information related to the construction project, such as blueprints, design plans, materials list, and budget.
02
Step 2: Review the fixed price contract carefully, understanding all the terms and conditions mentioned.
03
Step 3: Start filling out the fixed price construction by entering the client's name, contact details, and project location.
04
Step 4: Provide a detailed description of the construction project, including its scope, timeline, and any specific requirements.
05
Step 5: Specify the fixed price for the construction project, taking into consideration all the materials, labor, and overhead costs.
06
Step 6: Outline the payment terms, such as the schedule of progress payments or milestones.
07
Step 7: Include any additional clauses or conditions that are applicable to the construction project.
08
Step 8: Review and double-check all the information provided in the fixed price construction document.
09
Step 9: Sign and date the fixed price construction contract, ensuring both parties involved have agreed to all the terms.
10
Step 10: Make a copy of the completed fixed price construction for your records.
Who needs this fixed price construction?
01
Individuals or companies planning to undertake construction projects with a fixed budget can benefit from using fixed price construction contracts.
02
Contractors or construction companies who want to clearly define the scope of work, project cost, and payment terms with their clients.
03
Clients who prefer a transparent and predictable pricing structure for their construction projects.
04
Government agencies or organizations that require strict adherence to a budget for construction projects.
05
Investors or stakeholders who want to ensure that the construction project is completed within a specified budget.
06
Any party involved in a construction project seeking to minimize financial risks and uncertainties.
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