Building and Renovation in France
Building a New Home in France
- 1. Introduction
- 2. Site Selection
- 3. Getting Free Advice
- 4. Architects in France
- 5. Selection of Builder
- 6. Building Estimate
- 7. Building Contract
- 8. Terms of House Building Contracts
- 9. Planning Notices
- 10. Financial Guarantees
- 11. Building Guarantee
- 12. Handover
- 13. Disputes
- 14. Local Property Tax
- 15. Household Insurance
Guides to France
Property in France
- Buying property in France
- Buying off-plan in France
- French property auctions
- SCI Ownership
- French property rights
- Renting property in France
- Selling property in France
Building & Renovation
- Building a house in France
- French planning system
- Property renovation in France
- French property rights
- French Mobile Homes
Work & Business
Money & Taxation
- Banking in France
- French mortgages
- Currency Exchange
- Taxes in France
- French inheritance
- French home insurance
Living in France
Useful Links
AdvertiseNetwork Sites
Helpful Links
News
Services
- French Health Insurance
- French Home Insurance
- Inheritance Tax & Law Consultancy
- French Planning
- Transfer Money to France
- Metric Unit Conversion
If you require advice and assistance with the purchase of French property and moving to France, then take a look at the France Insider Property Clinic.
8. Terms of Contrat de construction de maison individuelle (CCMI)
- Cooling Off Period
- Specification of Works
- Contract Price
- Stage Payments
- Works Programme
- Contract Guarantees
- Sub-Contracting
8.3. Contract Price in French Building Contract (CCMI)
The CCMI can be either a fixed or variable priced contract. It is a matter for negotiation between you and your builder.
Normally, a fixed price is agreed, so the client can rely on delivery at an agreed price.
The price clause in the CCMI is tougher on the builder in relation to a contract where they also supply the plans. The price in the contract is stated to be ‘firm and definitive’, although there is normally a clause allowing some variation in line with the construction price index. It is a point for negotiation.
Clearly, if there are items that cannot be finalised there will be need to be specific provision for determination of a price. Thus, you may not yet have made a final decision on fittings, which will need to be given a provisional price within the contract.
If the price clause is variable, then the index of construction costs is used for price revision, and there are strict limits on how the revision clause can be applied.
In the absence of a revision clause, or items that are subject to a provisional sum, the builder has no right to increase the price, other than through a change in specification by the clients.
Next: Stage Payments
Back: Specification of Works
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