Blank Texas Builders Association Fixed Cost PDF Template
Form Example
2013 - 2015 Texas Residential Construction Contracts Package
(VERSION 5.0)
published: 09/01/2013
1.Disclaimer
2.Table of Contents
3.Instructions
4.Contract Completion Questionnaire
5.Residential Construction Contract – Fixed Price (For Use with Homes Constructed on
the Owner’s Property) (TAB 1.1)
Residential Construction Contract – Cost Plus (For Use with Homes Constructed on the Owner’s Property) (TAB 2.1)
Addenda:
Legal Description (TAB
Schedule of Estimated Construction Costs (TAB
Draw Request Form (TAB
Notice Regarding Expansive Soils (TAB
Final Customer
Selection / Allowance Schedule (TAB
Change Order (TAB
Real Estate Broker’s Fee Addendum (TAB
Builder’s Disclosure Statement (TAB
Waiver of the List of Subcontractors and Suppliers (TAB
Assignment of Manufactured Product Warranties (TAB
Special Provisions Addendum (TAB
Green Building Disclosure (TAB
Express Limited Home Warranty (TAB
6.Residential Construction Contract (For Use with Homes Constructed on the Builder’s Property) (TAB 3.1)
Addenda:
Legal Description (TAB
Special Provisions Addendum (TAB
Addendum for Property Subject to Mandatory Membership in an Owners’ Association (TAB
Tide Waters Notice (TAB
Final Customer
Change Order (TAB
TAB Contracts© – Table of Contents |
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Real Estate Broker’s Fee Addendum (TAB
Addendum for Property Located Seaward of the Gulf Intracoastal Waterway (TAB
Assignment of Manufactured Product Warranties (TAB
Green Building Disclosure (TAB
7.Residential Completed Home Contract (For Use With Completed Homes Constructed on the Builder’s Property) (TAB 4.1)
Addenda:
Legal Description (TAB
Special Provisions Addendum (TAB
Addendum for Property Subject to Mandatory Membership in An Owners’ Association (TAB
Tide Waters Notice (TAB
Final Customer
Real Estate Broker’s Fee Addendum (TAB
Addendum for Property Located Seaward of the Gulf Intracoastal Waterway (TAB
Assignment of Manufactured Product Warranties (TAB
Green Building Disclosure (TAB
8.Residential Remodeling Contract – Fixed Price (TAB 5.1) Residential Remodeling Contract – Cost Plus (TAB 6.1) Residential Remodeling Contract – Short Form (TAB 7.1) Addenda:
Legal Description (TAB
Draw Request Form (TAB
Schedule of Estimated Construction Costs (for use with TAB 6.1 Cost Plus Contract) (TAB
Final Customer
Change Order (TAB
Builder’s Disclosure Statement (TAB
Waiver of List of Subcontractors and Suppliers (TAB
Notice of Right of Rescission (TAB
TAB Contracts© – Table of Contents |
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Assignment of Manufactured Product Warranties (TAB
Special Provisions Addendum (TAB
Notice Regarding Expansive Soils (TAB
Green Building Disclosure (TAB
Express Limited Home Warranty (TAB
9.Independent Contractor and Supplier Agreements Independent Contractor Base Agreement (TAB 8.1) Supplier Base Agreement (TAB 8.2)
Independent Design Professional Base Agreement (TAB 8.3)
Authorization to Obtain Department of Public Safety Criminal History Record (TAB 8.4)
10.Indemnity and Affidavit as to Payment of Bills and Release of Liens (TAB 9.1)
11.Agreement Between Owner and Consultant for Builder Services (TAB 10.1)
12.Residential Partially Completed Home Contract (For Use With Partially Completed Homes Constructed on the Builder’s Property) (TAB 11.1)
Addenda:
Legal Description (TAB
Special Provisions Addendum (TAB
Addendum for Property Subject to Mandatory Membership in An Owners’ Association (TAB
Tide Waters Notice (TAB
Final Customer
Change Order (TAB
Real Estate Broker’s Fee Addendum (TAB
Addendum for Property Located Seaward of the Gulf Intracoastal Waterway (TAB
Assignment of Manufactured Product Warranties (TAB
Green Building Disclosure (TAB
13.Agreement for Termination of Contract and Release (TAB 12.1)
14.Lien Waivers
Conditional Waiver and Release on Progress Payment (TAB 13.1)
Unconditional Waiver and Release on Progress Payment (TAB 13.2)
Conditional Waiver and Release on Final Payment (TAB 13.3)
Unconditional Waiver and Release on Final Payment (TAB 13.4)
TAB Contracts© – Table of Contents |
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Common mistakes
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Inaccurate Information: Failing to provide correct details about the project, such as the address or legal description, can lead to significant issues down the line.
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Missing Signatures: Not signing the form or having the necessary parties sign can render the contract invalid.
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Inadequate Cost Estimates: Underestimating costs in the Schedule of Estimated Construction Costs can lead to budget overruns and disputes.
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Ignoring Addenda: Failing to include or reference relevant addenda, like the Change Order or Selection Schedule, may create gaps in the contract.
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Improper Use of Forms: Using a form intended for a different type of contract, such as Cost Plus instead of Fixed Price, can complicate the agreement.
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Not Reviewing Terms: Overlooking the specific terms and conditions, such as warranties or indemnity clauses, can lead to misunderstandings.
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Failure to Disclose: Not providing required disclosures, such as the Notice Regarding Expansive Soils, can lead to legal complications.
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Neglecting to Update: Not revising the form to reflect changes in project scope or costs can result in outdated or incorrect information.
Key takeaways
The Texas Builders Association Fixed Cost form is designed for residential construction contracts, specifically for homes built on the owner’s property.
It is essential to follow the instructions provided in the form to ensure accurate completion and compliance with Texas regulations.
The form includes a Contract Completion Questionnaire to gather necessary information before starting the project.
Various tabs provide specific contracts for different scenarios, including fixed price and cost-plus contracts.
Each contract type has associated addenda that may need to be completed, such as the Legal Description and Change Order forms.
It is important to use the Draw Request Form to request payments at various stages of construction.
The form addresses potential issues such as expansive soils and includes a Notice Regarding Expansive Soils to inform homeowners of risks.
A Final Customer Walk-Thru Approval and Punch List is included to ensure all work meets the owner's satisfaction before final payment.
Understanding the Green Building Disclosure can help homeowners make environmentally conscious decisions during construction.
Steps to Using Texas Builders Association Fixed Cost
Filling out the Texas Builders Association Fixed Cost form requires attention to detail and a clear understanding of the information needed. This form is essential for establishing a fixed price for residential construction projects. Follow these steps to ensure you complete the form accurately and efficiently.
- Begin by reviewing the entire form to familiarize yourself with its sections and requirements.
- Gather all necessary documentation, such as project details, cost estimates, and any relevant contracts.
- Start with the Contract Completion Questionnaire. Fill in the required information regarding the project and the parties involved.
- Move to the Residential Construction Contract – Fixed Price section. Input the details about the property, including the legal description.
- Provide a Schedule of Estimated Construction Costs. List all anticipated costs associated with the project.
- Complete the Draw Request Form if applicable, detailing the payment schedule.
- Address any additional addenda that may be relevant, such as the Change Order or Builder’s Disclosure Statement.
- Review all entries for accuracy and completeness. Make sure all required signatures are obtained.
- Submit the completed form to the appropriate parties, ensuring that copies are kept for your records.