Easily Replace Alternative Choice into the General Contractor Agreement

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How to Replace Alternative Choice into the General Contractor Agreement

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hi everyone Im attorney Aiden Kramer with the law office of Aiden Kramer in Colorado and youre watching all up in your business in this episode of all up in your business Im going to talk about independent contractor agreements an independent contractor is anybody who performs a service for your business whos not an employee so when I work with businesses as the attorney I am a contractor if I hire a bookkeeper to work for me but not as an employee than theyre my contractor so regardless of the service thats going to be performed by the contractor its always a great idea to have something in writing that describes your relationship with the contractor and so Im gonna walk through some of the important terms that you want to make sure are clarified in your agreement with your contractor first off obviously the agreement needs to describe what the contractor is going to be doing what service is the contractor performing next again pretty obvious payment how much is the contract a

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Below are some common questions from our customers that may provide you with the answer you're looking for. If you can't find an answer to your question, please don't hesitate to reach out to us.

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What are the 4 types of contracts?

4 Types of Construction Contracts Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.

Can you change a contract type?

You can use a contract amendment letter to list the changes to the original document and have both parties sign. You can create a contract amendment created from a template or from a legal services provider. You can add amendment pagesdigital or printto the end of the original signed contract.

What type of modification is used when government and contractor have to agree to changes?

In such cases, the modification is considered bilateral and must be agreed to and signed by both the Government and the contractor. Further, the contracting officer must justify the use of a sole source (FAR 6.302-1) and follow the synopsis requirements of FAR 5.201.

What is alternative contracting methods?

An alternative contracting method is an alternative to the design-bid-build or low-bid process, whereby the agencys selection of a construction contractor is not only on the basis of price, but other factors such as time, qualifications or a contractors approach to the project work.

Can you change contract type after award?

There is nothing in the FAR that states that a contract type must remain the same throughout the life of the contract. This technique allows for flexibility to award the appropriate contract type at award while being able to potentially convert the contract type during performance.

Can a contract be changed or altered?

It is not illegal to alter a contract once it has been signed. However, it must be materially changed, meaning that if an important part of the contract is altered by the change, it must be made by mutual consent of both parties.

What is the difference between CPFF and TM contracts?

Time-and-materials involves the vendor billing the client for the cost of materials, as well as an hourly rate for the different types of labor involved on the project. CPFF is when the client pays the cost of the materials and time, plus a flat-fee on top of those costs.

Is it possible to change a contract?

A contract amendment allows the parties to make a mutually agreed-upon change to an existing contract. An amendment can add to an existing contract, delete from it, or change parts of it. The original contract remains in place, only with some terms altered by way of the amendment.

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