Abbreviated Form of Agreement Between Owner and ContractorConstruction Agreement |
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ROBERTS REALTY INVESTORS | CONSTRUCTION PROJECTS OF LIMITED SCOPE. RealDealDocs™ contains millions of easily searchable legal documents and clauses from top law firms. Search for free - click here. |
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Exhibit 10.4
THE AMERICAN INSTITUTE OF ARCHITECTS
AIA
DOCUMENT A117-1987
Abbreviated Form of Agreement Between
Owner and Contractor
for
CONSTRUCTION PROJECTS OF LIMITED SCOPE
where the basis of payment is the
COST OF THE WORK PLUS A FEE
without a Guaranteed Maximum Price
1987 EDITION
THIS
DOCUMENT HAS IMPORTANT LEGAL CONSEQUENCES; CONSULTATION WITH AN
ATTORNEY IS ENCOURAGED WITH RESPECT TO ITS COMPLETION OR MODIFICATION.
This
document includes abbreviated General Conditions and should not be used with
other General Conditions.
It has been approved and endorsed by The Associated General Contractors of
America.
AGREEMENT
made as of the 14th day of April in the year Two Thousand and Five. This contract is being entered into in accordance with the Restrictive Covenant, dated January 3, 2005. The Restrictive Covenant requires the Owner of the Peachtree Dunwoody Property to retain Roberts Properties Construction, Inc. to construct the 236-unit Peachtree Dunwoody Apartment Community and 120-unit Peachtree Dunwoody Condominium Community for its costs plus 10% in accordance with this contract:
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BETWEEN the Owner: |
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Roberts Properties Residential, L.P. |
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450 Northridge Parkway, Suite 302 |
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Atlanta, Georgia 30350 |
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and the Contractor: |
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Roberts Properties Construction, Inc. |
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450 Northridge Parkway, Suite 301 |
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Atlanta, Georgia 30350 |
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The Project is: |
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Peachtree Dunwoody Apartments and Condominiums |
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6903, 6905 and 6919 Peachtree Dunwoody Road |
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Atlanta, Georgia 30328 |
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The Architect is: |
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Smallwood, Reynolds, Stewart, Stewart & Associates, Inc. |
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One Piedmont Center, Suite 303 |
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3565 Piedmont Road |
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Atlanta, GA 30305 |
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Or any other Architect selected by the Owner. |
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The Owner and Contractor agree as set forth below.
AIA
DOCUMENT A117• ABBREVIATED COST-PLUS OWNER-CONTRACTOR AGREEMENT •
SECOND EDITION • AIA ®
©1987 • THE AMERICAN
