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How to SMS Construction Contract Template

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In this video tutorial, the presenter discusses the essentials of a services business contract, using a one-page contract from their early days as an example. Key topics include fundamental components to include in contracts and tools for quickly obtaining legally binding signatures. The presenter offers a free contract template for viewers to utilize, encouraging them to sign more clients. They also invite viewers to like the video, subscribe, and leave comments for more content. Additionally, a recommendation for using the tool Signaturely is provided, along with links for access to both the free template and the signature tool.

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What are the two types of CCDC contracts?

The CCDC has created a number of standard form contracts for use in different project delivery models. The two most commonly used contracts for condominium owners are the CCDC 2 (Stipulated Price Contract) and the CCDC 5B (Construction Management Contract for Services and Construction).

What are the different types of CCDC contracts?

Contract Types CCDC 2 Stipulated Price Contract. CCDC 3 Cost Plus Contract. CCDC 5A Construction Management Contract - for Services. CCDC 5B Construction Management Contract - for Services Construction. CCDC 14 - Design-Build Stipulated Price Contract.

What are the 5 elements of a construction contract?

5 Key Elements Every Construction Contract Should Contain 1) The projects scope. 2) The cost and payment terms. 3) The projects time frame. 4) Protection against lien law. 5) Dispute resolution clauses.

What are the 4 types of construction contracts?

Here are four main construction contracts to choose from, plus their pros and cons: Lump-Sum Contracts. Cost-Plus-Fee Contracts. Guaranteed Maximum Price Contracts. Unit-Price Contracts.

What is the difference between CCDC 2 2008 and 2020?

In the same way that CCDC 2 2008 requires the Contractor to apply to the Consultant for Substantial Performance, Part 12 of CCDC 2 2020 requires the Contractor to apply in advance for Ready-for-Takeover and the Consultant now has 10 calendar days to respond.

What is the difference between CCDC 5A and CCDC 5B?

*CCDC 5A is an example of a more traditional CM Agreement; CCDC 5B is an example of a CM-at-Risk Agreement.

What is a CCDC 2 contract?

CCDC 2 Stipulated Price Contract is the industry standard prime contract between Owner and prime Contractor. This contract establishes a single, pre-determined fixed price, or lump sum, for the project.

How do you write a simple construction contract?

Elements of a construction contract Name of contractor and contact information. Name of homeowner and contact information. Describe property in legal terms. List attachments to the contract. The cost. Failure of homeowner to obtain financing. Description of the work and the completion date. Right to stop the project.

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SMS Construction Contract Template