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EXHIBIT A Guaranteed Maximum Price Amendment to DesignBuild Contract Between the City of Winter Haven, a Florida municipal corporation and Everett Whitehead & Son, Inc., a Florida corporation This
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How to fill out document guaranteed maximum price
How to fill out document guaranteed maximum price
01
Read the instructions or guidelines for filling out the document.
02
Start by providing the necessary details such as project name, location, and date of the guaranteed maximum price agreement.
03
Specify the parties involved in the agreement, including the client and the contractor.
04
Clearly outline the scope of work and services to be provided, including any specific deliverables or milestones.
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Include a detailed breakdown of the maximum price, including any allowances, contingencies, or exclusions.
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Specify the payment terms and schedule, including any retainage or progress payments.
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Include provisions for change orders or modifications to the guaranteed maximum price.
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Clearly state the project schedule and any specified completion dates.
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Include any relevant terms and conditions, such as dispute resolution mechanisms or limitations of liability.
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Review the completed document for accuracy and clarity before getting it signed by both parties.
Who needs document guaranteed maximum price?
01
The document guaranteed maximum price is typically needed in construction projects, where the client wants to limit the maximum price they will pay for the project.
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It is used by clients or project owners who want to have a clear understanding of the costs involved before entering into a contract with a contractor.
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Contractors or construction companies may also require this document when providing a cost proposal to the client.
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What is document guaranteed maximum price?
Document guaranteed maximum price is a document that specifies the maximum amount that a contractor or construction company will charge for a project, ensuring that the price will not exceed a certain limit.
Who is required to file document guaranteed maximum price?
The contractor or construction company is required to file the document guaranteed maximum price.
How to fill out document guaranteed maximum price?
To fill out the document guaranteed maximum price, the contractor must specify the total cost of the project, any exclusions or contingencies, and sign the document to validate the guarantee.
What is the purpose of document guaranteed maximum price?
The purpose of the document guaranteed maximum price is to protect the client from unexpected cost overruns and ensure transparency in pricing.
What information must be reported on document guaranteed maximum price?
The document guaranteed maximum price must include the total cost of the project, any exclusions or contingencies, and the contractor's signature.
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