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General Contractor Agreement Cost Plus Fee
"Need to draft a General Contractor Agreement Cost Plus Fee for a large-scale hospital renovation project in Ontario, with a 12% contractor's fee and specific provisions for maintaining medical facility operations during construction, targeting project completion by June 2025."
1. Parties: Identification of the Owner and General Contractor, including full legal names and addresses
2. Background: Context of the agreement and general project overview
3. Definitions: Key terms used throughout the agreement, including 'Cost of Work', 'Contractor's Fee', 'Project', etc.
4. Scope of Work: Detailed description of the contractor's responsibilities and services to be provided
5. Cost of Work: Definition and itemization of costs included in the cost portion of the cost-plus arrangement
6. Contractor's Fee: Specification of the fee calculation method (percentage or fixed) and what it covers
7. Payment Terms: Billing procedures, payment schedule, and treatment of reimbursable expenses
8. Project Schedule: Timeline, milestones, and completion dates
9. Changes in Work: Process for change orders and adjustments to scope
10. Insurance and Bonds: Required insurance coverage and bonding requirements
11. Permits and Compliance: Responsibility for obtaining permits and ensuring regulatory compliance
12. Warranties and Representations: Contractor's warranties regarding work quality and performance
13. Termination: Conditions and procedures for contract termination by either party
14. Dispute Resolution: Process for resolving disputes between parties
15. General Provisions: Standard contract clauses including governing law, notices, and assignment
1. Acceleration and Delays: Used when specific provisions for schedule acceleration or delay penalties are needed
2. Hazardous Materials: Include when project involves potential hazardous materials handling
3. Sustainable Building Requirements: Add when project has specific environmental or sustainability goals
4. Site Security: Include for projects requiring specific security measures
5. Commissioning: Add for projects requiring formal commissioning process
6. Value Engineering: Include when specific cost optimization processes are required
7. Multiple Prime Contractors: Add when coordination with other contractors is required
8. Financing Provisions: Include when specific owner financing arrangements affect the project
9. Labor Relations: Add when union requirements or specific labor arrangements apply
1. Schedule A - Scope of Work: Detailed description of work including drawings and specifications
2. Schedule B - Cost Breakdown: Detailed breakdown of cost components and contractor's fee calculation
3. Schedule C - Project Schedule: Detailed timeline with milestones and critical path
4. Schedule D - Key Personnel: List of key contractor personnel and their roles
5. Schedule E - Required Insurance: Detailed insurance requirements and coverage limits
6. Schedule F - Forms: Standard forms for change orders, payment applications, and other project documents
7. Schedule G - Site Specific Requirements: Special site conditions or requirements
8. Schedule H - Health and Safety Plan: Contractor's health and safety procedures and protocols
9. Schedule I - Quality Control Plan: Quality control procedures and standards
10. Schedule J - Subcontractors: List of approved subcontractors and their scope of work
Authors
Commercial Construction
Residential Development
Industrial Construction
Institutional Construction
Infrastructure Development
Healthcare Facilities
Educational Facilities
Retail Construction
Hospitality Construction
Manufacturing Facilities
Legal
Operations
Construction Management
Procurement
Finance
Risk Management
Project Management
Commercial
Development
Contract Administration
Construction Manager
Project Director
Contract Administrator
Chief Operating Officer
Procurement Manager
Legal Counsel
Risk Manager
Chief Financial Officer
Project Manager
Cost Controller
Quantity Surveyor
Site Superintendent
Operations Director
Development Manager
Commercial Director
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