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Click ‘Get Form’ to open the Construction Contract in the editor.
Begin by entering the Contractor's name and address in the designated fields at the top of the form.
Next, fill in the Owner's name and address. Ensure accuracy as this information is crucial for contract validity.
In the 'SCOPE OF WORK' section, describe the project details, including labor and materials required. Attach any drawings or specifications if necessary.
Specify the 'WORK SITE' by providing the property address where construction will take place.
Indicate the 'TIME OF COMPLETION' by filling in start and completion dates, considering potential delays outlined in the contract.
Choose between 'COST PLUS' or 'FIXED FEE' payment structures and enter relevant amounts in the 'CONTRACT PRICE' section.
Review all sections for completeness and accuracy before signing. Utilize our platform’s features to save your progress or share it for review.
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Residential construction contract cost plus or fixed fee marylandCost plus contractFixed-price contractCost reimbursement contracts are used when there is uncertainty in the outcome of the effort
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Md. Code Regs. 14.39.04.08 - Job Order Contracting
The fixed prices of the construction items and activities are defined by the LEA or through a standard project cost source. D. The schedule of fixed prices mayRead more
Maryland Procurement Manual - 2. Need Identification
(d) Cost-plus fixed fee or cost-reimbursement. The procurement officer should select a contract type to obtain the best value in the time required and at theRead more
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