What conditions will you put in the contract to ensure

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Question: Contract For this assignment, you will use what you have learned and the attached documents to fill out the construction contract form. The form is incomplete, and you are to research and use your course materials to complete the contract to protect you and your construction company from risk. The following information is provided: Contract Award is LSTK, and the value is $1.5M and the owner has the option to add work on T&M Rates, what are you going to add to the contract to protect against the T&M work vs Prime Contract work? Duration is 8 months with a 1-year warranty guarantee on all equipment and craftsmanship liquidating damages are $1,000 a day after agreed-upon final completion not counting 5 days of inclement weather. Notice to Proceed is given 30 days late past your estimated start date to complete the job, what conditions will you put in the contract to ensure you get it?

 

 

Reference no: EM133382178

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