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Construction Management Agreement

Used 4,879 times

Construction Management Agreement

Image 1

Prepared for:

[Client.FirstName][Client.LastName]

Prepared by:

[Sender.FirstName][Sender.LastName]

This Construction Management Agreement is made effective as of [Document.CreatedDate], by and between:

1. [Sender.FirstName][Sender.LastName], a company or individual responsible for overseeing the design, planning and execution of the construction project, governed by [Sender.State] and located at [Sender.StreetAddress].

2. [Client.FirstName][Client.LastName], a company or individual responsible for carrying out the construction work on the project, governed by [Client.State] and located at [Client.StreetAddress].

WHEREAS, the parties wish to enter into a Construction Management Agreement to govern the relationship between each party and the construction project.

1. Cost and Payment Terms

1.1 The project owner agrees to pay the contractor a total of (amount) for completing all work on the construction project, according to the terms and conditions outlined in this contract. The payment schedule will be as follows: (schedule). All payments will be made via (type of payment method).

2. Roles and Responsibilities

2.1 The project owner oversees the project, ensuring that all parties involved work towards the same goals and adhere to relevant legal or regulatory requirements. The contractor completes work promptly and efficiently according to established guidelines and specifications, maintaining the project site and following any safety procedures. The architectural firm designs all aspects of the construction project, including structural or aesthetic elements.

3. Schedule and Scope

3.1 The construction project will begin on (date) and is expected to be completed by (date). All work must be completed under the scope of work outlined in this contract, including but not limited to: (list of elements). The parties agree to meet regularly throughout the project to resolve any issues or concerns and update one another on the project's status.

4. Changes in the Project

4.1 If any changes need to be made to the project's scope, schedule, or budget, all parties agree to meet and discuss these changes before implementing them. All parties must approve changes before they can be implemented.

5. Discounts or Incentives

5.1 If any parties involved in the project meet performance goals or exceed expectations, they may be eligible for cash incentives or discounts. The terms and conditions of these incentives will be outlined in a separate addendum to this contract.

6. Insurance and Liability

6.1 The project owner, contractor and architectural firm agree to hold each other harmless for any damages or injuries that may occur during the construction project. This includes obtaining adequate insurance coverage to protect against these risks. The parties understand they are solely responsible for any costs associated with any insurance claims resulting from the project.

7. Contractor’s Warranties

7.1 The contractor hereby warrants that they will complete all work in a timely and professional manner, adhering to all industry standards and best practices. The contractor will also provide a one-year warranty on all work performed during the project, excluding any defects resulting from improper use or maintenance by the project owner.

8. Indemnification

8.1 All parties agree to hold each other harmless for any claims, damages, losses, or expenses incurred because of any actions taken by any party involved in the project. This includes both contractual liabilities and liabilities resulting from breaches of any applicable laws or regulations.

9. Legal Rights

9.1 This contract is governed by the laws of [Sender.State], and any disputes will be settled in a court of law. The parties agree that they have read this agreement, understand its terms and conditions, and sign below of their own free will.

Signature
MM / DD / YYYY

[Client.FirstName][Client.LastName]

Signature
MM / DD / YYYY

[Sender.FirstName][Sender.LastName]

Construction Management Agreement

Used 4,879 times

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