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Document
Establishing an Effective Supplier Diversity Program
Year Created: 2022
DOCUMENT
FORM - Formal Bid Boilerplate 2004
- YEAR CREATED: 2004
- ENTITY TYPE: City/Township
- TYPE OF DOCUMENT: FORM - Form
- Management
- Policies and Procedures
This document is an agreement between an owner and a contractor for a construction project. The agreement outlines the responsibilities and obligations of both parties in more detail. The contractor is responsible for completing the work as specified in the agreement, including providing all necessary labor, materials, and equipment. The document also specifies the timeline for completion and the payment terms.
Additionally, the agreement includes provisions for changes to the scope of work, stating that any changes must be agreed upon in writing and may result in adjustments to the contract price and timeline. The contractor is also required to obtain all necessary permits and licenses for the project.
The document further emphasizes the importance of maintaining the work in good condition until final payment is made. It includes provisions for inspections and the correction of any defects or deficiencies. The owner has the right to withhold payment if the work is not satisfactory or if the contractor fails to comply with the terms of the agreement.
The agreement also includes a list of documents that are considered integral parts of the agreement, such as plans, specifications, and addenda. In case of any discrepancies between these documents, the addenda take precedence.
Furthermore, the agreement specifies that any disputes arising from the contract will be resolved through arbitration, with the location and rules of the arbitration process outlined. The contractor agrees to submit to the jurisdiction and venue of any court in the state where the project is located and waives any defense related to lack of jurisdiction or invalid service of process.
In conclusion, the agreement provides a comprehensive framework for the construction project, outlining the responsibilities and obligations of both the owner and the contractor, as well as procedures for changes, inspections, and dispute resolution.