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There are several types of construction contracts, but the most common include four primary types: Stipulated Sum Contract, Cost Plus Contract, Design-Build Contract, and Integrated Project Delivery Contract. Each serves distinct purposes within the industry.
What is the Ejcdc C 522 contract for construction of a small project?
EJCDC C-522, Contract for Construction of a Small Project, a new contract document for use on smaller, less complex projects, such as water and wastewater utility work, roads and paving, drainage improvements, and site development.
How do you write a simple construction contract?
How To Write A Construction Contract With 7 Steps Step 1: Define the Parties Involved. Step 2: Outline the Scope of Work. Step 3: Establish the Timeline. Step 4: Determine the Payment Terms. Step 5: Include Necessary Legal Clauses. Step 6: Address Change Orders and Modifications. Step 7: Sign and Execute the Contract.
What are the 5 elements of a construction contract?
5 elements to include in a construction contract Scope of the project. The phrase scope of work is often too generic when referring to the expectations of the work performed. Total cost and payment requirements. Project timeline. Lien law protection. Dispute resolution.
What are the main elements of a construction contract?
A contract will only be legally binding upon the contracting parties if the following requirements are complied with: consensus, contractual capacity, certainty, possibility, legality and formalities.
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9 Essential Contract Documents The Agreement. General Conditions. Special Conditions. Scope of Work. Construction Drawings. Specifications. The Schedule. Schedule of Values.
Related links
Part 642 Specifications for Construction Contracts
Contract specificationsThe complete specifi- cations prepared for a specific contract and consist of an assembly of appropriate standard and one- time-use
Informal contracts and bidding should be considered for use in projects with: Limited statewide contractor interest such as a small construction project
PROPOSAL/CONTRACT/NOTICE OF AWARD. FOR. SMALL CONSTRUCTION PROJECT. OR. EMERGENCY CONSTRUCTION PROJECT October 2012. TYPE OF WORK: PROJECT DESCRIPTION: CDB
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