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STANDARD FORM OF AGREEMENT BETWEEN OWNER AND DESIGNBUILDER COST PLUS FEE WITH AN OPTION FOR A GUARANTEED MAXIMUM PRICEDocument No. 530 Second Edition 2010 DesignBuild Institute of America Washington,
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How to fill out between owner and designbuilder

01
Start by discussing and clearly defining the scope of the project with the owner and design builder.
02
Identify the responsibilities and obligations of each party, including the timeline, budget, and quality standards.
03
Create a written agreement or contract that outlines the terms and conditions of the project, including the roles and responsibilities of both parties.
04
Collaborate with the design builder to develop the architectural and engineering plans that meet the owner's requirements.
05
Regularly communicate and provide updates throughout the project to ensure that both parties are on the same page.
06
Maintain open lines of communication to address any issues or concerns that may arise during the construction process.
07
Conduct inspections and quality checks to ensure that the project is being executed according to the agreed-upon specifications.
08
Complete the project within the agreed-upon time frame and budget.
09
Conduct a final walkthrough and handover the completed project to the owner, ensuring that all necessary documentation and warranties are provided.

Who needs between owner and designbuilder?

01
Both the owner and design builder need to work together in order to successfully complete a construction project.
02
The owner needs the design builder to create architectural and engineering plans that meet their requirements and bring their vision to life.
03
The design builder needs the owner to provide the necessary information, approvals, and financial resources to execute the project.
04
Both parties need to collaborate closely throughout the project to ensure its successful completion.
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A contract or agreement.
Both the owner and the designbuilder.
By including all relevant information and signatures.
To establish the terms and conditions of the project.
Details of the project scope, responsibilities, deadlines, and payments.
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