The General Contractor Agreement With Owner is a fundamental document in U.S. construction law that serves as the primary contract between property owners and construction professionals. This agreement is essential for any construction project where an owner engages a general contractor to oversee and execute construction work. It provides comprehensive coverage of project parameters, including scope, cost, timeline, quality standards, and risk allocation. The document ensures compliance with federal construction regulations, state contractor licensing requirements, and local building codes. It's particularly crucial for protecting both parties' interests and establishing clear expectations for project delivery.
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1. Parties: Identification of Owner and General Contractor with full legal names and addresses
2. Background: Context of the construction project and relationship between parties
3. Definitions: Key terms used throughout the agreement
4. Scope of Work: Detailed description of construction services to be provided
5. Contract Price: Payment terms, schedule, and methods
6. Project Timeline: Start date, completion date, and major milestones
7. Insurance Requirements: Required coverage types and amounts
8. Warranties: Contractor's warranties on work quality and materials
1. Change Orders: Process for modifications to scope - recommended for complex projects likely to require changes
2. Dispute Resolution: Mediation and arbitration procedures - recommended for high-value contracts or complex projects
3. Liquidated Damages: Predetermined damages for delays - recommended when specific completion date is crucial
1. Schedule A - Scope of Work: Detailed specifications and drawings
2. Schedule B - Payment Schedule: Detailed breakdown of payments and milestones
3. Schedule C - Project Timeline: Detailed project schedule with milestones
4. Schedule D - Insurance Certificates: Copies of required insurance policies
5. Schedule E - Subcontractor List: Approved subcontractors and their roles
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