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PROJECT APPROVAL SUBMISSION CHECKLIST Loan Number: Name: Fully Executed Construction Contract(s): Construction Contract Lot Contract, if applicable Ancillary Construction Contracts, as applicable
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How to fill out construction contract hud project
How to fill out construction contract hud project
01
To fill out a construction contract for a HUD project, follow these steps:
02
Obtain the necessary forms: Start by obtaining the construction contract forms specifically designed for HUD projects.
03
Review the instructions: Carefully read the instructions provided with the forms. It is important to understand the requirements and guidelines for filling out the contract.
04
Provide project details: Fill in the relevant project details, such as the project name, contract number, start and end dates, and project address.
05
Specify contractor information: Include the contractor's name, address, contact details, and contractor identification number.
06
Outline contract terms: Clearly state the terms and conditions of the contract, including payment terms, performance deadlines, change order procedures, and dispute resolution process.
07
Include scope of work: Describe the scope of work in detail, including the construction tasks, materials, and specifications to be followed.
08
Attach supporting documents: Attach any necessary supporting documents, such as architectural drawings, permits, certifications, and insurance proof.
09
Sign and date: Ensure all required parties sign and date the contract to make it legally binding.
10
Keep copies: Make copies of the completed contract for all involved parties, including the contractor, HUD, and project owners or beneficiaries.
11
Submit the contract: Submit the filled-out contract to the appropriate HUD office or designated authority for review and approval.
Who needs construction contract hud project?
01
Construction contract HUD projects are typically needed by individuals or organizations involved in government-funded housing projects. This includes:
02
- Construction companies bidding for or undertaking HUD-funded construction projects
03
- Project owners or developers involved in affordable housing initiatives
04
- Non-profit organizations aiming to provide housing solutions under HUD programs
05
- Local or state government agencies overseeing the development of low-income housing
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