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Standard Form Of Building Contract for the United States

Standard Form Of Building Contract Template for United States

A Standard Form of Building Contract is a comprehensive legal agreement used in the United States construction industry that establishes the rights, responsibilities, and obligations between the owner and contractor. It covers essential aspects including scope of work, payment terms, timeline, quality standards, and risk allocation. The document incorporates federal and state-specific construction laws, building codes, and industry standards while providing mechanisms for project management, dispute resolution, and change orders.

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What is a Standard Form Of Building Contract?

The Standard Form of Building Contract is a crucial document in the US construction industry, designed to provide a comprehensive framework for construction projects. It is typically used when parties require a detailed, standardized agreement that covers all aspects of the construction process. The contract includes provisions for project execution, payment schedules, quality standards, dispute resolution, and risk allocation, while ensuring compliance with federal and state construction laws. This document type is particularly valuable for medium to large-scale construction projects where clear delineation of responsibilities and robust project management procedures are essential.

What sections should be included in a Standard Form Of Building Contract?

1. Parties: Identification of the owner/employer and contractor, including legal status and addresses

2. Background: Brief description of the project and purpose of the contract

3. Definitions: Key terms used throughout the contract

4. Scope of Work: Detailed description of the work to be performed

5. Contract Sum: Price and payment terms including schedule of payments

6. Time for Completion: Project duration, completion dates, and milestones

7. Contractor's Obligations: General and specific obligations of the contractor

8. Owner's Obligations: General and specific obligations of the owner

9. Changes in the Work: Procedures for variations and change orders

10. Insurance Requirements: Required insurance coverage and limits

What sections are optional to include in a Standard Form Of Building Contract?

1. Acceleration Provisions: Terms for expediting work completion when time-sensitive projects require potential acceleration

2. Liquidated Damages: Predetermined damages for delay or breach, used when specific losses can be reasonably estimated

3. Dispute Resolution: Specific procedures for resolving disputes through alternative dispute resolution methods

4. Sustainability Requirements: Green building and environmental standards for projects with specific environmental goals

What schedules should be included in a Standard Form Of Building Contract?

1. Schedule of Works: Detailed breakdown of construction activities and timeline

2. Schedule of Rates: Unit prices for potential variations or additional work

3. Technical Specifications: Detailed technical requirements and standards

4. Drawings: Approved construction drawings and details

5. Insurance Certificates: Copies of required insurance policies

6. Performance Bond: Bond documentation ensuring contractor performance

7. Bill of Quantities: Detailed quantity measurements and pricing

8. Quality Assurance Plan: Procedures for ensuring quality standards

Authors

Alex Denne

Head of Growth (Open Source Law) @ Ƶ | 3 x UCL-Certified in Contract Law & Drafting | 4+ Years Managing 1M+ Legal Documents

Jurisdiction

United States

Publisher

Ƶ

Document Type

Agreement Contract

Cost

Free to use

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