Standard Form Fixed Price Contract.pdf

This is a standard form fixed price construction contract template from the Walker County Board of Education in Georgia. The document outlines the framework for construction projects between the Board of Education and contractors, including key requirements around contractor performance, payment terms, schedules, and completion milestones. The contract requires contractors to develop detailed construction schedules, obtain necessary permits and insurance, and complete work according to approved plans and specifications. The contractor must achieve substantial completion by dates specified in individual contracts and provide as-built drawings upon final completion.

The contract establishes a fixed price payment structure with progress payments made monthly based on completed work (up to 90% of contract value until 50% completion). Liquidated damages apply for delays, with daily rates ranging from $50-$3,500 based on contract value. Required insurance includes workers compensation, general liability ($1-2 million per occurrence), automobile liability ($1 million), and builder's risk coverage. Performance and payment bonds equal to the contract amount are mandatory. The contract requires contractors to comply with immigration laws and verify employee eligibility through E-Verify. The document includes detailed requirements for change orders, claims procedures, and dispute resolution through mediation.