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FEE PROPOSAL FORM 1.1BID INFORMATION A. Bidder:. B. Project Name: Riverside Drive Sidewalk. Project Location: Riverside Drive (RT 12) from Rawson Road to RT 200D. Owner: Town of Thompson1.2CERTIFICATIONS
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How to fill out stipulated sum single-prime contract

How to fill out stipulated sum single-prime contract
01
Read the stipulated sum single-prime contract carefully to understand the terms and conditions.
02
Gather all the necessary information and documents required to fill out the contract, such as project details, scope of work, and any special requirements.
03
Start by entering the contract date, project name, and other basic information at the beginning of the contract.
04
Fill out the contractor's information, including their name, address, contact details, and license information.
05
Provide details about the owner or client, including their name, address, and contact information.
06
Specify the scope of work in detail, including the description of the project, materials to be used, and any specific requirements.
07
Include any applicable drawings, specifications, or plans as attachments to the contract.
08
Specify the contract price, payment terms, and schedule.
09
Include provisions for changes, delays, and dispute resolution.
10
Review the completed contract thoroughly to ensure accuracy and clarity.
11
Sign and date the contract, and have it signed by the contractor and owner/client.
12
Keep a copy of the filled-out stipulated sum single-prime contract for your records.
Who needs stipulated sum single-prime contract?
01
Stipulated sum single-prime contracts are typically needed by construction project owners or clients who want to have a fixed price agreement for a specific project.
02
This type of contract is commonly used in the construction industry for various types of projects, including residential, commercial, and public infrastructure.
03
By using a stipulated sum single-prime contract, the owner can have a clear understanding of the project cost and ensure that the contractor completes the work within the agreed price.
04
It provides a level of financial security and budget control for the owner, as the contractor is responsible for any cost overruns during the project.
05
Additionally, this type of contract allows for easier comparison of bids from different contractors, as the price is fixed and predetermined.
06
However, it is important for both parties to carefully review and negotiate the terms of the contract to ensure that the scope of work, payment schedule, and other provisions adequately reflect their expectations and requirements.
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What is stipulated sum single-prime contract?
A stipulated sum single-prime contract is a type of construction contract where the owner directly contracts with a single prime contractor for a fixed price.
Who is required to file stipulated sum single-prime contract?
The owner of the construction project is required to file the stipulated sum single-prime contract.
How to fill out stipulated sum single-prime contract?
The stipulated sum single-prime contract should be filled out with all the details of the construction project, including the scope of work, schedule, and payment terms.
What is the purpose of stipulated sum single-prime contract?
The purpose of a stipulated sum single-prime contract is to clearly define the terms and conditions of the construction project, including the cost and scope of work.
What information must be reported on stipulated sum single-prime contract?
The stipulated sum single-prime contract must include details such as the project location, owner and contractor information, project description, contract sum, and schedule.
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